Investors invested a total of $76 million in these products over the course of the past week, making it the fourth week in a row that inflows have been seen
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CoinShares, a European investment company specialising in crypto, recently released a report indicating that there is a strong demand for digital asset investment products.
According to the report, investors invested a total of $76 million in these products over the course of the past week, making it the fourth week in a row that inflows have been seen.
The report suggests a shift in investor attitudes at the beginning of 2023, with total inflows reaching $230 million so far this year. This increase in investment has resulted in a growth of assets under management, now standing at a record high of $30.3 billion since August 2022.
Investors are primarily investing in Bitcoin, with weekly inflows of $69 million, which makes up 90 percent of the total investment for the week.
The majority of this investment growth is coming from Canada, the United States, and Germany, with weekly inflows of $25 million, $38 million, and $24 million, respectively.