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Digital asset funds see third consecutive week of inflows, trading volumes muted
Digital asset investment products extended their streak of inflows last week, albeit at a slower pace, as the total assets under management of globally listed products increased by more than $15 million the week ending Oct. 13. According to the latest digital asset fund flows report from CoinShares, the inflows come at a time when trading volumes remain 27% below the 2023 average, which shows that institutional demand remains relatively muted as the market continues to struggle to generate momentum. CoinShares noted that the data, which was measured as of Friday’s close, “was unlikely to capture the positive news ... (full story)