Browsing: CoinShares report

Digital Asset Investment Products are gaining momentum as they attract significant capital inflows, as highlighted by the latest CoinShares report.Last week alone, these investment vehicles saw an impressive $716 million influx, marking a positive shift in cryptocurrency market sentiment.

Digital Asset Treasury (DAT) has emerged as a critical focus in the evolving landscape of cryptocurrency, especially as recent trends reveal a significant market correction.A CoinShares report has indicated that the once-exuberant valuations of DAT companies have plummeted from multiples of their market net asset value (mNAV) to nearly one times or less, sparking a re-evaluation of crypto asset management strategies.

In recent weeks, digital asset inflows have taken a positive turn, marking a notable recovery in the market.CoinShares’ latest weekly report indicates that after a period of four consecutive weeks with significant capital outflows, digital asset exchange-traded products (ETPs) have registered a net inflow of $1.07 billion.