According to Foresight News, a recent report by CoinShares reveals that digital asset investment products have experienced net inflows for the second consecutive week, totaling $321 million. The Federal Open Market Committee's (FOMC) more dovish stance than expected has led to a 9% increase in assets under management (AuM), with total trading volume for investment products reaching $9.5 billion, a 9% rise from the previous week. Bitcoin was the primary focus, with net inflows of $284 million, while short Bitcoin products also attracted $5.1 million in inflows.
Ethereum, on the other hand, saw net outflows for the fifth consecutive week, with $29 million exiting last week. This was mainly due to continued outflows from existing Grayscale trusts and limited inflows from new ETFs. Meanwhile, Solana investment products continued to see small but steady inflows, with $3.2 million entering last week.
