Digital asset ETPs attracted $716 million in weekly inflows, led by Bitcoin and XRP
According to the latest CoinShares report, for the week ending December 6, digital exchange-traded products (ETPs) attracted a net inflow of $716 million. This influx increased the total assets under management to $180 billion. The United States led the inflow of funds with $483 million, followed by Germany with $96.9 million and Canada with $80.7 million. The main beneficiary was Bitcoin, attracting $352 million, while XRP generated significant interest with an inflow of $245 million. Chainlink also recorded a noticeable inflow of $52.8 million, which is 54% of its assets under management. Meanwhile, products betting against Bitcoin experienced significant outflows, indicating a decline in bearish sentiment in the market.
XRPUSDT
Perp
1.9332
+0.34%
BTCUSDT
Perp
87,921.9
+1.17%
LINKUSDT
Perp
12.98
+1.54%