Digital asset investment products saw $308 million in inflows last week, but were overshadowed by a large $576 million outflow on December 19. The weekend saw a combined $1 billion in outflow.
The recent price decline has caused digital asset ETPs to see a $17.7 billion decline in assets under management (AuM), possibly due to the Fed’s dovish stance.
Bitcoin saw strong inflows of $375 million, reflecting positive market sentiment. In contrast, short-bitcoin products attracted just $0.4 million.
XRP led altcoin inflows with $8.8 million, followed by Horizen and Polkadot. Ethereum continued its positive trend with $51 million, while Solana saw $8.7 million in outflows.
Switzerland saw the largest outflows of $95.1 million. The US led inflows with $567 million. 🌍📈