Coin Shares: net global investment product inflows of digital assets of approximately $1.65 billion

According to the market report of Coin Shares of 27 August, as of the first three trading days of the week, the global net inflows of digital asset investment products were about $1.65 billion, compared with $2.94 billion in the previous week, the largest single-week inflows since the current year. Bitcoin and the Ethera have been inflowing about $976 million and $478 million, respectively, this week, and the global encrypted ETP management assets have risen to about $155 billion, with a new net inflow of funds from the beginning of the year to the present. CoinShares argued that the US Federal Reserve was in a dilemma as a result of US inflation stickyness and weak demand, and that the Treasury’s repurchase of national debt and shorter distribution periods could further push inflationary pressures. Its mining report states that United States data centres lined up for an average of approximately 2060 GW, and that new projects have been connected for almost five years, benefiting Bitcoin mining companies with an off-the-shelf electricity infrastructure, with AI revenues projected to rise from about 30 per cent to about 70 per cent by the end of the year。