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 <p class="is-style-lead">Recent weeks have seen a massive surge in digital asset investments, with inflows totaling $346 million, led by Bitcoin and Ethereum.</p>
 <p>Investments in digital asset products have surged recently, marking a significant trend in the crypto market. Last week, these products experienced an influx of $346 million in capital, setting a record for the largest weekly investment during a continuous nine-week period of positive flows.</p>
 <p>According to CoinShares report, Bitcoin alone attracted $312 million in new <a rel="noopener noreferrer nofollow" title="investment" href="https://thebittimes.com/tag/investment.html">investment</a>s last week, with Bitcoin’s year-to-date <a rel="noopener noreferrer nofollow" title="inflow" href="https://thebittimes.com/tag/inflow.html">inflow</a>s exceeding $1.5 billion. Enhanced activity in exchange-traded products (ETPs) related to Bitcoin has been observed, with these products accounting for 18% of all Bitcoin spot trading volumes last week.</p>
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    <p lang="en" dir="ltr">ETF Anticipation Fuelling the Largest Surge in Inflows Since Late 2021https://t.co/kadC8aRml5</p>— James Butterfill (@jbutterfill) November 27, 2023
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 <p>Ethereum also recorded $34 million in <a rel="noopener noreferrer nofollow" title="inflow" href="https://thebittimes.com/tag/inflow.html">inflow</a>s last week, contributing to a four-week total of $103 million. This marks a significant reversal from earlier trends of outflows, signaling a shift in investor sentiment towards Ethereum.</p>
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   <img decoding="async" width="771" height="578" src="https://cdn.thebittimes.com/images/2023/11/27/4d541fe52f84e1220bcc0852c23abebf.webp" alt="Digital asset investment weekly inflow hits $346m, highest in 18 months - 1"> 
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   Fund <a rel="noopener noreferrer nofollow" title="inflow" href="https://thebittimes.com/tag/inflow.html">inflow</a> by <a rel="noopener noreferrer nofollow" title="asset" href="https://thebittimes.com/tag/asset.html">asset</a> | Source: CoinShares
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 <p>Regionally, Canada and Germany have been at the forefront of these <a rel="noopener noreferrer nofollow" title="inflow" href="https://thebittimes.com/tag/inflow.html">inflow</a>s, contributing 87% of the total. The U.S., on the other hand, has seen relatively modest participation, with only $30 million in <a rel="noopener noreferrer nofollow" title="inflow" href="https://thebittimes.com/tag/inflow.html">inflow</a>s last week. This could be attributed to investors awaiting the launch of a spot-based ETF in the U.S.</p>
 <p>These developments suggest a renewed investor interest and confidence in digital assets, as evidenced by the increasing inflows and the rise in total assets under management to $45.3 billion, the highest in over 18 months. The anticipation of a new ETF in the U.S. and the general bullish trend in the market since late 2021 have been key drivers behind this positive shift.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/digital-asset-investment-weekly-inflow-hits-346m-highest-in-18-months-tbt71786.html">https://thebittimes.com/digital-asset-investment-weekly-inflow-hits-346m-highest-in-18-months-tbt71786.html</a></p>

Digital asset investment weekly inflow hits $346m, highest in 18 months

TheBitTimes

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