Coinshares reports fourth consecutive week of inflows

Companies • February 6, 2023, 10:30AM EST
The Block

Quick Take

  • Coinshares reported a fourth consecutive week of digital asset investment product inflows, totaling $76 million last week.

Coinshares reported a fourth consecutive week of digital asset investment product inflows, totaling $76 million last week.

Year-to-date inflows reached $230 million, "highlighting a decisive change in investor sentiment for the beginning of 2023," the firm said in its weekly report.

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Bitcoin dominates demand with inflows of $69 million, representing 90% of the total flows for the week.

"Despite the improving clarity around unstaking, Ethereum saw only US$0.7m of inflows," the firm said.


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Christiana is a long-time journalist who has written about markets in the Americas, politicians who stashed cash in their underwear and high-end heels, to name just a few. She previously spent six years at Bloomberg, and her work has appeared in the WSJ, LA Times, Insider, Vogue Business and more. Christiana has a bachelor's degree in English from Pace University and a master's degree in journalism from New York University. She completed a master's degree in media psychology for fun.

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