Global digital asset investment products saw significant inflows last week, totaling $2.45 billion.

The latest weekly report from CoinShares confirmed the surge in the inflow of funds into digital asset investment products, which pushed the assets under management to a peak not seen since early 2022, now standing at $67 billion. The US spot ETF market played a pivotal role in this development, capturing $2.4 billion of last week’s inflows.

Bitcoin remains the clear market leader, garnering approximately 98% of total inflows last week. Increased confidence also permeated through to Ethereum, receiving inflows of $21 million. Altcoins such as Litecoin and XRP saw minor yet sustained inflows throughout the period.

The report also sheds light on the regional trends of these inflows. While the US leads, other regions have shown mixed reactions. Switzerland and Germany, for instance, reported $16.7 million and $13.3 million in inflows, respectively, contrasting with outflows from Canada and Sweden. This geographical distribution of inflows and outflows highlights the nuanced global perspective on digital asset investments.

The overall trend in digital asset investment products is positive. Blockchain equities, however, experienced a mixed bag, with a notable outflow from Amplify Transformational Data Sharing ETF (BLOK) totaling $171 million, while others saw collective net inflows of $4 million. This contrast illustrates the varied inv

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Author: Liam ‘Akiba’ Wright

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