CoinShares: Last week, digital asset investment products had a net inflow of $346 million, the largest single-week inflow for 9 consecutive weeks

According to PANews, CoinShares weekly data showed that the net inflow of funds into digital asset investment products last week was US$346 million, the largest single-week inflow for 9 consecutive weeks. This is the largest round of increases since the bull market at the end of 2021, and the market expects the launch of spot-based ETFs in the United States. The total assets under management (AuM) has reached US$45.3 billion, the highest level in a year and a half.

Bitcoin inflows totaled $312 million last week, bringing year-to-date inflows to just over $1.5 billion. ETP volume as a percentage of total Bitcoin spot volume is 18%, showing continued growth in ETP usage. Ethereum saw $34 million inflows last week, bringing the 4-week inflows to $103 million, nearly correcting its outflow trend this year. Solana, Polkadot, and Chainlink saw total inflows of $3.5 million, $0.8 million, and $0.6 million, respectively.