CoinShares: Digital asset products see minor inflows, XRP leads with 37.7 million USD

Last week’s digital asset investment products recorded modest net inflows of 6 million USD. XRP led with substantial inflows of 37.7 million USD and a notable 67.5% increase in active addresses, while Bitcoin had minor outflows, although it showed resilience with a 12% recovery.

Ethereum faced continued outflows totaling 26.7 million USD, amounting to 772 million USD over eight weeks. In contrast, the launch of XRP futures contracts by Coinbase highlights the increasing institutional interest in XRP as market dynamics evolve.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts