According to a report by CoinShares, cryptocurrency investment products experienced inflows for the second consecutive week, totaling $78 million. This marks the highest volume levels since July 2023. In addition, crypto exchange-traded product volumes surged by 37% last week, reaching $1.1 billion, with Bitcoin volumes rising by 16% on trusted exchanges. Solana (SOL), the eighth largest cryptocurrency by market capitalization, saw its weekly inflows reach the highest level since March 2022. However, some major crypto investment products, such as United States Ethereum futures exchange-traded funds (ETFs), had more muted movements, attracting only around $10 million in the first week. CoinShares also reported that 90% of all crypto asset inflows came from Europe, with Germany and Switzerland being the biggest contributors. The company is expanding its operations in the U.S., confident in the country’s leadership in digital asset development and regulation.
