TechFlow news, on November 11, according to the latest weekly report from CoinShares, digital asset investment products saw inflows of $1.98 billion last week, marking five consecutive weeks of inflows and setting a year-to-date record of $31.3 billion. As prices rose last week, global assets under management also hit a record high of $116 billion. Trading volume increased by $20 billion—although not a new peak, it marked the highest level since April this year.
Bitcoin saw inflows of $1.8 billion, reaching $9 billion in inflows since the Federal Reserve's first rate cut in September. Favorable macro conditions and significant shifts in the U.S. political landscape may be driving such optimistic investor sentiment.
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