PANews reported on November 25 that according to the latest weekly data from CoinShares , digital asset investment products recorded the largest weekly inflow of funds last week, reaching $3.13 billion, bringing the total inflow since the beginning of the year to a new high of $37 billion. Among them, Bitcoin-related products inflowed $3 billion, while investment products that shorted Bitcoin also attracted $10 million in funds. Since the first rate cut by the Federal Reserve in September, the total inflow has reached $15.2 billion.
Solana outperformed Ethereum, with $16 million inflows last week, while Ethereum only recorded $2.8 million. However, from a year-to-date data, Solana still lags significantly behind Ethereum. Among other altcoins, XRP, Litecoin, and Chainlink recorded inflows of $15 million, $4.1 million, and $1.3 million, respectively.
The US market led inflows, totaling $3.2 billion, while Germany, Sweden and Switzerland saw outflows of $40 million, $84 million and $17 million respectively due to profit-taking at highs. Australia, Canada and Hong Kong markets saw inflows of $9 million, $31 million and $30 million respectively. Multi-asset investment products saw outflows for the second consecutive week, totaling $10.5 million.
