CoinShares reports total inflows in 2023 have now surpassed 2022
In a Nov. 6 report from CoinShares, a leading European alternative asset manager, it was reported, digital asset investment products had now seen total inflows of $261 million. This marks the sixth consecutive week of inflows , total ling $767 million, which surpasses the total inflows of $736 million seen in 2022. Bitcoin still leads As part of the report, Bitcoin saw the majority of inflows at a total of $229 million, bringing the year-to-date inflows for the world’s largest cryptocurrency to $842 million. CoinShares suggests that this movement can likely be attributed to the likeliness of a spot-based ETF in the United States. When comparing data by region, CoinShares’ prediction holds true, as US investors are attributed with having the largest inflows of any region at $157 million, with Germany, Switzerland and Canada following behind. You might also like: Coinshares reports largest inflows in since July 2022 At the same time, investor excitement w...