Cryptocurrency Investment Products See Over $1.2 Billion in Net Inflows Last Week

James Butterfill, Head of Research at cryptocurrency investment firm CoinShares, reported on the 23rd that digital asset investment products saw approximately $1.24 billion (about ¥181 billion) in net inflows last week.

This marks the tenth consecutive week of net inflows, bringing the year-to-date total to a record high of $15.1 billion (about ¥2.2 trillion). However, Butterfill noted that inflows slowed in the latter half of the week, likely due to the U.S. market closure on the 19th and reports of U.S. involvement in the military conflict between Iran and Israel.