Digital Asset Investments Skyrocket: Bitcoin Dominates With $188M Inflows

Digital asset investment products have experienced their largest single-week inflows since July 2022, amounting to $199 million, according to a report. This surge has nearly offset the outflows observed in the previous nine consecutive weeks, Coinshares stated in a blog post. The report suggests that this renewed positive sentiment is likely due to recent announcements from prominent Exchange-Traded Product (ETP) issuers that have filed for physically backed ETFs with the U.S. Securities and Exchange Commission. As a result, total assets under management (AUM) have now reached $37 billion, the…