TechFlow news, November 4 — According to CoinShares' weekly report, digital asset investment products saw net inflows of $2.2 billion last week, bringing year-to-date inflows to a record $29.2 billion. As a result, assets under management (AuM) surpassed the $100 billion mark, reaching $102 billion—the second time in history this milestone has been achieved.
The report noted that the U.S. market accounted for $2.2 billion in inflows, with Germany seeing a modest $5.1 million. Analysts attribute the surge to expectations of a Republican election victory, although a slight outflow occurred on Friday as polling data shifted—highlighting Bitcoin's sensitivity to U.S. election outcomes.
Bitcoin was nearly the sole beneficiary, attracting $2.2 billion in inflows last week. Ethereum drew only $9.5 million, a stark contrast to the strong performance of Bitcoin and Solana. Solana attracted an additional $5.7 million in inflows last week.
