Ethereum

Solana

Arbitrum

Secure

Billion

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/digital-asset-investment-products-secure-2-2-billion" data-wpel-link="internal" rel="noopener noreferrer nofollow">Digital Asset Investment Products Secure $2.2 Billion</a><br></p>
<p style="text-align: justify">Last week marked a significant milestone in the realm of digital asset investment, as products in this sector garnered an impressive $2.2 billion. This influx has pushed the total for the year to an unprecedented $29.2 billion, while assets under management (AuM) have crossed the $100 billion mark for only the second time ever.</p>
<h2 style="text-align: justify" id="how-did-trading-volumes-surge">How Did Trading Volumes Surge?</h2>
<p style="text-align: justify">The overall market value reached $102 billion, a level reminiscent of June 2024, with trading volumes soaring by 67% compared to the previous week, amounting to $19.2 billion. This figure constitutes 35% of the total trading volume for <a href="https://en.bitcoinhaber.net/analyst-predicts-bitcoin-surge" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (<a href="https://en.bitcoinhaber.net/bitcoin-soars-to-21-month-high-amid-etf-excitement-and-market-volatility" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>) on established exchanges.</p>
<h2 style="text-align: justify" id="is-bitcoin-thriving-despite-election-jitters">Is Bitcoin Thriving Despite Election Jitters?</h2>
<p style="text-align: justify">Bitcoin emerged as the standout performer among digital asset products last week, attracting the entire $2.2 billion influx. As a result of a price uptick, interest in short investment products also grew, with $8.9 million directed towards short Bitcoin investments. However, as the 2024 U.S. presidential elections draw close, slight outflows were noted due to changing poll sentiments, reflecting Bitcoin’s vulnerability to political developments.</p>
<p style="text-align: justify">Key insights from the recent funding include:</p>
<ul>
 <li>Bitcoin led the influx with $2.2 billion.</li>
 <li>Ethereum lagged with only $9.5 million.</li>
 <li><a href="https://en.bitcoinhaber.net/record-high-on-chain-activity-surges-as-solana-sees-unprecedented-volume-and-interest" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a> performed well, attracting $5.7 million.</li>
 <li>Polkadot and Arbitrum saw smaller investments of $670,000 and $200,000, respectively.</li>
</ul>
<p style="text-align: justify">The investment landscape is clearly favoring Bitcoin and Solana, indicating a robust confidence among market participants. This trend underscores the dynamic nature of digital asset markets in response to both financial and political stimuli.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/digital-asset-investment-products-secure-2-2-billion" data-wpel-link="internal" rel="noopener noreferrer nofollow">Digital Asset Investment Products Secure $2.2 Billion</a></h5>

Digital Asset Investment Products Secure $2.2 Billion

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