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Bitcoin continues to shine with 98% of inflows into crypto investment products

  • 📰 Cointelegraph
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Digital asset investment products saw positive sentiment with inflows totaling $57M last week, and Bitcoin accounted for 98% of all investments, according to CoinSharesCo latest report.

) exchange market also saw low volumes, which"were just 25% of the year-to-date average at $18 billion for the week."

According to the report, inflows were primarily driven by investors in the U.S., with $27 million of inflows. Germany, Switzerland, and Canada also saw positive sentiment, with inflows totaling $17 million, $13 million, and $2.2 million, respectively, indicating a broad-based increase in confidence towards digital assets.

Investors primarily focused on Bitcoin, with BTC receiving $56 million of inflows, which accounted for 98% of all inflows. Meanwhile, short-bitcoin suffered minor outflows totaling $0.6 million. In contrast, altcoins, including Uniswap (

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