Crypto investment products continue to experience significant growth.
From Oct. 26 to Nov. 2, digital investment products received $2.2 billion in inflows, contributing to a year-to-date record of $29.2 billion, according to CoinShares' Digital Asset Fund Flows Weekly Report.
This trend of increased buying has continued for four weeks, totaling more than $5.7 billion or 19% of all inflows this year.
The recent run-up in prices has also led to an increase in total assets under management, which have surpassed $100 billion for the second time in history.
According to James Butterfill, head of research at CoinShares, the latest inflows can be attributed to enthusiasm surrounding the possible outcome of the November 5 US presidential election.