Coinshares sees biggest inflows since July, primarily in bitcoin

Coinshares saw its biggest inflows last week since July as total assets under management rose 43% from a November low.

Digital asset investment products saw $117 million in inflows last week, of which $116 million was bitcoin. Total assets under management climbed to $28 billion, up 43% from November.

Multi-asset investment products saw outflows for the ninth consecutive week totaling $6.4 million, suggesting investors prefer select investments, the firm said.

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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