Crypto updates

in hive-101145 •  3 years ago 

Year-to-date inflows into Bitcoin-based products have surpassed half a billion dollars.

The week ending June 3 saw over $100 million pour into digital asset investment products, marking the second week in a row of inflows.

According to the latest CoinShares report, the inflows have increased total assets under management (AuM) to $39.8 billion. The majority of the inflows ($88 million) came from the Americas, while inflows from Europe were only $11 million.

The gap is reflected in the year-to-date inflows for each region, which are now $570 million for the Americas and $41 million for Europe.

According to the analysis, this indicates that European investors will be more negative this year as a whole.

Inflows are driven by Bitcoin products.

Over the last week, $126 million has been invested in Bitcoin-based investment products.

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