The latest CoinShares report confirms a $1.03 billion inflow into digital assets, reflecting market confidence. However, regional metrics show varying trends.
U.S. Leads Digital Asset Inflows
According to the latest CoinShares report, there was a $1.03 billion inflow into digital assets last week, marking the 12th consecutive week of positive inflows. The U.S. contributed $1 billion, underscoring strong investor confidence.
Ethereum Outperforms Bitcoin
Over the past 12 weeks, Ethereum has consistently outperformed Bitcoin in inflow metrics, indicating a shift in investor preferences. Bitcoin's market cap stands at $2.16 trillion, with a price of $108,824.29.
Regional Sentiment Variances
Canada and Brazil experienced net outflows, highlighting differing regional sentiments. This may reflect changes in investor strategies and regulatory pressures.
The CoinShares report emphasizes the resilience of the digital asset market, particularly in the U.S. and within Ethereum, while also recognizing the importance of regional differences in investment perceptions.
