According to TechFlow, according to the CoinShares report, digital asset investment products have seen capital inflows for the fourth consecutive week, totaling US$66 million, bringing the total assets under management (AuM) to US$33 billion.
While the recent inflows may be related to the excitement surrounding the launch of a U.S. spot Bitcoin ETF, the relatively low inflows compared to the announcement in June suggest that investors are more cautious this time around.
84% of inflows went into Bitcoin investment products, pushing year-to-date inflows to $315 million. However, ongoing concerns about Ethereum led to outflows of $7.4 million last week, making it the only altcoin to see outflows last week. In stark contrast, Solana saw another $15.5 million in inflows last week, bringing its year-to-date total to $74 million, or 47% of total AuM, making it one of the most popular altcoins this year.
