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<p class="is-style-lead">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.</p>
<p>This marks the sixth consecutive week of inflows, totalling $767 million, which surpasses the total inflows of $736 million seen in 2022.</p>
<h2 class="wp-block-heading" id="bitcoin-still-leads">Bitcoin still leads</h2>
<p>As part of&nbsp;<a target="_blank" href="https://blog.coinshares.com/volume-156-digital-asset-fund-flows-weekly-report-5c181a52ce1a" rel="noopener noreferrer nofollow">the report</a>, 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.&nbsp;</p>
<p>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.</p>
<p>You might also like: <a href="https://crypto.news/coinshares-reports-largest-inflows-in-since-july-2022/" rel="noopener noreferrer nofollow"> Coinshares reports largest inflows in since July 2022 </a></p>
<p>At the same time, investor excitement was also noted in Ethereum, which saw inflows of $17.5 million, the largest&nbsp; since August 2022.</p>
<h2 class="wp-block-heading" id="building-on-earlier-numbers">Building on earlier numbers</h2>
<p>This builds off an <a href="https://crypto.news/coinshares-reports-largest-inflows-in-since-july-2022/" data-type="link" data-id="https://crypto.news/coinshares-reports-largest-inflows-in-since-july-2022/" rel="noopener noreferrer nofollow">Oct. 30 report</a>, which also stated that digital asset inflows were the highest since 2022, totalling $326 million. With interest in spot Bitcoin ETFs growing it comes as no surprise that the numbers continue to improve week over week.&nbsp;</p>
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<p>Just three days earlier, <a href="https://crypto.news/valkyries-mcclurg-expects-spot-bitcoin-etf-approval-in-november-2023/" rel="noopener noreferrer nofollow">Valkyrie’s McClurg</a> shared her optimism that an approval could be expected by November 2023 adding to investor excitement.</p>
<p>Read more: <a href="https://crypto.news/crypto-operator-coinshares-launches-u-s-hedge-fund-division/" rel="noopener noreferrer nofollow"> Crypto operator CoinShares launches U.S. hedge fund division </a></p>

CoinShares reports total inflows in 2023 have now surpassed 2022

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