Crypto asset management company CoinShares said in a report released on Monday (8th) that the total net inflow of digital asset investment products last week was US$441 million. “Recent price weakness caused by selling pressure from Mt. Gox and the German government may Considered a buying opportunity." CoinShares also noted that trading volume in these exchange-traded products (ETPs) remained relatively low at $7.9 billion last week, reflecting the typical seasonal pattern of lower summer volumes.

Source: CoinShares

From a regional perspective, capital inflows mainly came from the United States, reaching US$384 million, but opportunistic buying also occurred in many countries, the most significant of which were Hong Kong, Switzerland and Canada, with total net inflows reaching US$32 million and US$24 million respectively. and $12 million. Germany was an exception, recording a net outflow of $23 million.

Source: CoinShares

Looking at asset classes, net inflows into Bitcoin-related investment products totaled $398 million, but unusually it only accounted for 90% of total inflows as investors chose to invest in a wider range of altcoins Products, most notably Solana, saw net inflows of $16 million last week, bringing total inflows so far this year to $57 million. CoinShares said it was the best-performing altcoin from an inflow perspective.

Sentiment appears to have improved for Ethereum, which recorded net inflows of $10 million, but remains the only ETP to post net outflows year-to-date.

Source: CoinShares

The CoinShares report also noted that this sentiment was not reflected in blockchain stocks, which saw a further $8 million in outflows last week, bringing year-to-date net outflows to $556 million.

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