Bitcoin Miners Could Derive 70% of Revenue from AI by Year-End, CoinShares Says 

Artificial intelligence-related operations could account for about 70% of listed Bitcoin miners’ revenue by year-end, up from roughly 30% currently, according to CoinShares. 

The firm expects the revenue mix to shift as constraints on the U.S. data-center power grid increase the value of infrastructure that already has access to electricity.

Meanwhile, digital asset investment products attracted $1.65 billion during the first three trading days of the week, following $2.94 billion in inflows the previous week, the largest weekly total of the year. 

Bitcoin products drew $976 million of the latest inflows, while Ethereum accounted for $478 million. The allocations pushed year-to-date flows back into positive territory at $3.4 billion and lifted total AUM across crypto exchange-traded products to about $155 billion.

Source: CoinShares