CoinShares reports a continued trend of positive inflows with Ethereum gaining momentum, as total assets under management hit an all-time high of $188 billion.
CoinShares announced that cryptocurrency investment products saw inflows of $1.04 billion last week, marking the 12th consecutive week of inflows and bringing total assets under management to a record $188 billion. Bitcoin investment products attracted $790 million, while Ethereum products recorded inflows of $226 million. BlackRock's Bitcoin spot ETF 'IBIT' led the inflows with approximately $440 million.