US & Europe Show Positive Altcoin Investment Trend

CoinShares released its latest Digital Asset Fund Flows Weekly Report, highlighting a positive yet cautious investor sentiment. Last week saw $226 million in investment flows into cryptocurrency asset products, reflecting continued recovery after weeks of outflows. Bitcoin remained the top performer, attracting $195 million in inflows despite short-Bitcoin investment product outflows for the fourth week in a row ($2.5 million). This drop in Bitcoin’s price pushed total assets under management (AUM) down to $114 billion – its lowest level since the last US election. 💰