BlockBeats News, September 22nd, according to the latest CoinShares report, as of last week, digital asset investment products saw a net inflow of $1.9 billion, marking the second consecutive week of inflows. This growth was driven by the “hawkish rate cut” by the Federal Reserve last week, with investors cautiously buying in early and accelerating their buying on Thursday and Friday, pushing the inflow to $746 million.
Bitcoin and Ethereum attracted inflows of $977 million and $772 million, respectively, while Solana and XRP also saw inflows of $127.3 million and $69.4 million, respectively. Total Assets Under Management (AuM) reached a year-to-date high of $40.4 billion, with the potential to approach or exceed last year’s total inflow of $48.6 billion.
