Ethereum

United

Bitcoin

when

James

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Digital asset investment products experienced a record-breaking surge last week, with inflows totaling $2.2 billion.</li> 
 <li>Total Assets Under Management (AUM) for digital assets crossed the $100 billion mark.</li> 
</ul> 
<p> The past week saw a significant increase in digital asset investment, with inflows reaching a staggering $2.2 billion. This surge pushed the year-to-date inflows to an unprecedented $29.2 billion, as per the latest CoinShares report.</p> 
<h2 id="assets-under-management-cross-100b">Assets Under Management Cross $100B</h2> 
<p>James Butterfill, Head of Research at CoinShares, highlighted that the consistent wave of capital, coupled with recent price rallies, has driven the total Assets Under Management (AUM) beyond the $100 billion mark. This is a remarkable achievement, previously seen only once in early June 2024 when AUM reached $102 billion. This milestone indicates a renewed confidence in digital assets and underlines the market’s growing potential.</p> 
<p>The United States led the digital asset inflows, accounting for an inflow of $2.2 billion. This was fuelled by rising optimism about the upcoming election. As the polling trends shifted, minor outflows appeared, demonstrating <a href="https://coineagle.com/price/bitcoin/">Bitcoin’s</a> heightened sensitivity to the U.S. election landscape.</p> 
<h2 id="bitcoin-dominates-inflows-over-ethereum">Bitcoin Dominates Inflows Over Ethereum</h2> 
<p>Unsurprisingly, Bitcoin captured nearly all digital asset inflows last week, with an additional $8.9 million directed into short-Bitcoin positions following its recent price appreciation. <a href="https://coineagle.com/price/ethereum/">Ethereum</a>, on the other hand, saw only modest inflows of $9.5 million, reflecting a more subdued investor sentiment compared to Bitcoin.</p> 
<p>As Americans head to the polls, recent predictions show a shift in the odds of winning the Oval Office. With political momentum influencing inflows, the digital asset market continues to capture attention as a barometer of both financial innovation and shifting investor sentiment amid a high-stakes U.S. election.</p>

Bitcoin Sparks $2.2B Investment Surge Ahead of US Election – Essential Highlights!

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CoinEagle.com

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