Coinshares sees biggest inflows since July, primarily in bitcoin

BusinessJanuary 30, 2023, 10:49AM EST
Coinshares sees biggest inflows since July, primarily in bitcoin

Quick Take

  • Digital asset investment products saw $117 million in inflows last week, of which $116 million was bitcoin.
  • Total assets under management climbed to $28 billion, up 43% from November.
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Coinshares saw its biggest inflows last week since July as total assets under management rose 43% from a November low.

Digital asset investment products saw $117 million in inflows last week, of which $116 million was bitcoin. Total assets under management climbed to $28 billion, up 43% from November.

Multi-asset investment products saw outflows for the ninth consecutive week totaling $6.4 million, suggesting investors prefer select investments, the firm said.