According to Deep Tide TechFlow news on October 21, CoinShares' latest weekly report shows that driven by optimism over the Republican Party's potential victory in the US elections, digital asset investment products saw inflows of $2.2 billion last week, marking the largest single-week increase since July. Trading volume for investment products surged by 30%, and the increase in prices and inflows brought the total assets under management close to the $100 billion threshold.

Regional fund flows show a polarized situation, with inflows to the US at $2.3 billion, while almost all other countries saw small outflows, including Canada, Sweden, and Switzerland, with outflows of $20 million, $18 million, and $15 million, respectively.

Bitcoin is the main beneficiary, with an inflow of $2.13 billion, and the recent price increase has prompted a $12 million inflow of short positions in Bitcoin, marking the largest inflow since March of this year. Ethereum also saw an inflow of $58 million, while some altcoins experienced inflows, such as Solana ($2.4 million), Litecoin ($1.7 million), and XRP ($700,000). The outflow for multi-asset products was $5.3 million, ending a streak of 17 weeks of inflows.