CoinShares, the leading crypto asset manager, has reported that its crypto investment products saw inflows of $243 million in the final week of 2023, bringing the total amount of capital invested in the company’s products to over $2.2 billion for the year.
The company said the investment inflows were comprised of institutional, family office and retail investors from all over the world. Core products saw continued strong inflows with the CoinShares Physical Bitcoin Fund having its strongest performance of the year with inflows of $169 million in the week.
The company also saw inflows of $128 million into its Monitoring Products, driven by the launch of its Monitoring 2 product at the start of November.
CoinShares CEO Ryan Radloff said the company was delighted with the growth in assets under management in 2023 and thanked their customers for their continued support.
“Our growth has largely been driven by the institutional quality of our product offering, supported by a first-class client service platform. We’re very proud to be at the forefront of crypto asset management and look forward to helping investors access this new asset class in the years to come,” he said.
