According to PANews, CoinShares' latest weekly data showed that digital asset investment products saw inflows for the third consecutive week last week, totaling $1.2 billion, with total assets under management growing by 6.2%. The approval of options for certain U.S. investment products may boost market sentiment, although trading volume fell slightly month-on-month to 3.1%.
Bitcoin attracted $1 billion in inflows, while spurring $8.8 million in inflows to short Bitcoin investment products. Ethereum saw $87 million in inflows, while Solana saw $4.8 million in outflows. Litecoin and XRP saw inflows of $2 million and $800,000, respectively, while BNB and Stacks saw outflows of $1.2 million and $900,000, respectively.