Digital Asset Fund Flow hits $ 3.7B last week, second highest in Record: Coinhares
Digital asset funds saw a $ 3.7 billion flow last week, the second largest figure recorded, according to data monitored by Crypto Asset Manager Coinhares.
Flows were only exceeded by those who ended December 6 last year last year, when they led $ 4 billion, the jersey -based company said its its its Weekly roundup on Monday.
The 13th consecutive week of Crypto Investment Product Products take total ownership under Management (Aum) Earlier $ 200 billion in the first time, up to $ 211 billion.
The products listed in the US led the flows with nearly $ 3.74 billion registered, while products in Germany and Sweden saw outflows of $ 85.7 million and $ 15.7 million respectively.
Bitcoin products cost $ 2.7 billion of flows taking a total of AUM at $ 179.5 billion, equivalent to 54% of AUM performed in gold -exchanged products (ETPS)Coinhares said.
The week ended on July 11 saw a kickstart in the Crypto Bull market, with Bitcoin getting almost 10% to spend a full time high around $ 118,000. It continued this week, with a BTC climbing as high as $ 122,873.45, According to CoinDesk data.
