Last Week, Digital Asset Investment Products Saw Inflows of $3.75 Billion, with Ethereum ETP Inflows Reaching a Record High

CoinShares Reports Strong Inflows into Digital Asset Investment Products

On Monday, the cryptocurrency asset management firm CoinShares released a report stating that digital asset investment products recorded a net inflow of $3.75 billion last week, marking the fourth highest weekly net inflow in history. This indicates a strong rebound in the market following several weeks of subdued sentiment. Unusually, almost all inflows were concentrated in iShares investment products.

With recent price increases, the total assets under management (AuM) of global digital asset investment products reached a historic high of $244 billion on August 13.

Source: CoinShares

Regionally, the United States dominated the capital flow, accounting for 99% of the total inflow ($3.73 billion). Canada, Hong Kong, and Australia all experienced slight net inflows, totaling $33.7 million, $20.9 million, and $12.1 million respectively. Brazil and Sweden recorded capital outflows of $10.6 million and $49.9 million, respectively.

In terms of cryptocurrency types, Ethereum investment products continued to be the market focus, with a record net inflow of $2.87 billion last week, representing 77% of total inflows and pushing the year-to-date total inflow to a record $11 billion. Bitcoin investment products recorded a net inflow of $552 million last week, with the year-to-date net inflow totaling only 11.6% of its assets under management, while Ethereum fund products reached as high as 29%.

Solana and XRP recorded net inflows of $176.5 million and $125.9 million, respectively. Litecoin and Ton experienced slight net outflows, totaling $400,000 and $1 million, respectively.

Source: CoinShares