According to PANews, CoinShares' latest weekly report shows that the total inflow of funds into digital asset investment products last week reached US$2.45 billion, a record high for weekly inflows, and inflows so far this year have reached US$5.2 billion. These inflows, coupled with recent positive price movements, have brought total assets under management (AuM) to US$67 billion, the highest level since December 2021. From a regional perspective, the United States dominated, accounting for 99% of inflows, totaling US$2.4 billion. Other regions such as Germany and Switzerland saw inflows of US$13 million and US$1 million, respectively, while Sweden saw a total outflow of US$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.
