CoinShares: Total inflows into digital asset investment products reached $2 billion last week, with Ethereum seeing its largest inflow week since March

According to CoinShares data, the total inflow of digital asset investment products reached $2 billion last week, bringing the inflow in the last five weeks to $4.3 billion. ETP trading volume rose to $12.8 billion this week, up 55% from the previous week.

Bitcoin was once again the main focus, with inflows reaching $1.97 billion this week.

Ethereum saw its biggest week of inflows since March, totaling $69 million, likely in reaction to the SEC’s surprise decision to allow spot ETFs.

Altcoin activity was muted, with Fantom and XRP standing out with inflows of $1.4 million and $1.2 million, respectively.