CoinShares Sees $3.3 Billion Weekly Crypto Investment Surge Amidst Economic Concerns

Digital asset firm CoinShares witnessed a substantial influx of $3.3 billion in investments last week, reflecting growing investor interest in digital assets despite uncertain economic conditions in the US. The inflows were driven largely by Bitcoin and Ethereum investment products, according to James Butterfill, Head of Research at CoinShares, highlighting institutional investors seeking diversification amidst economic volatility.