According to PANews, Coinshares weekly report shows that last week the net inflow of funds into digital asset investment products reached 2.2 billion USD, bringing the total inflow for the year to a record 29.2 billion USD. This inflow, coupled with the recent price surge, has caused total assets under management (AuM) to exceed 100 billion USD for the second time in history, comparable to the 102 billion USD level in early June 2024. The trading volume increased by 67% week-on-week, reaching 19.2 billion USD, accounting for 35% of the total trading volume of Bitcoin on credible exchanges.
Bitcoin was almost the sole beneficiary, with an inflow of 2.2 billion USD last week, although the recent price increase also prompted an inflow of 8.9 million USD into short Bitcoin positions.
Ethereum's inflow was tepid, totaling 9.5 million USD, in stark contrast to the bullish momentum of Bitcoin or Solana, which saw an additional inflow of 5.7 million USD last week. A series of altcoins had smaller inflows, most notably Polkadot (670,000 USD) and Arbitrum (200,000 USD).
