PANews reported on February 19 that according to CoinShares' latest weekly report, total inflows into digital asset investment products reached $2.45 billion last week, setting a new record for weekly inflows, and inflows so far this year have reached $5.2 billion. These inflows, coupled with recent positive price movements, have pushed total assets under management (AuM) to $67 billion, the highest level since December 2021. Regionally, the United States dominated, accounting for 99% of inflows, totaling $2.4 billion. Other regions, such as Germany and Switzerland, saw inflows of $13 million and $1 million, respectively, while Sweden saw total outflows of $2 million.
Bitcoin accounted for over 99% of the inflows, although some investors took the opportunity to add to their short Bitcoin positions (which received $5.8 million in inflows). Ethereum also benefited from $21 million in inflows. Solana’s recent outage affected sentiment, resulting in $1.6 million in outflows. Avalanche, Chainlink, and Polygon received inflows of $1 million, $0.9 million, and $0.9 million, respectively, and have seen consistent inflows every week this year.
Blockchain stock ETF investors decided to take profits last week, with outflows totaling $167 million.
