According to Techub News, CoinShares' latest weekly report shows that digital asset investment products received an inflow of $245 million last week. Bitcoin received a further inflow of $519 million, bringing its inflow so far this month to $3.6 billion.
The launch of the US Ethereum spot ETF ushered in the largest inflows since December 2020, with $2.2 billion in inflows into the newly issued ETF, while ETH ETP trading volume increased by 542%. This number is somewhat controversial, because Grayscale used funds from its existing closed-end trust (about $1 billion) to inject funds into its new mini-trust ETF (the previous week), which may help explain the continued outflows in recent years. In addition, this week, Grayscale's existing trust continued to outflow $1.5 billion as some investors cashed out, resulting in a net outflow of $285 million last week. This is similar to the outflows of funds from the Bitcoin Trust when the ETF was launched in January 2024.
