Last week’s digital asset ETP saw a net inflow of $646 million, Ether investment products experienced a net outflow for the fifth consecutive week.

Last week's digital asset ETP saw a net inflow of $646 million, Ether investment products experienced a net outflow for the fifth consecutive week.

Last week's digital asset ETP saw a net inflow of $646 million, Ether investment products experienced a net outflow for the fifth consecutive week.

According to data released by the cryptocurrency asset management company CoinShares on Monday (8th), digital asset investment products presented a net inflow of $646 million last week, with a total inflow of $13.8 billion since the beginning of the year, reaching the highest level in history, far exceeding the $10.6 billion seen in 2021.

However, there are signs that ETF investor preferences are weakening, not reaching the weekly flow levels seen in early March. In addition, the trading volume of digital asset ETPs dropped to $17.4 billion last week, a significant decrease compared to the $43 billion in the first week of March.

Bitcoin-related investment products continue to be the focus of attention, with a net inflow of $663 million last week, while the net outflow of short Bitcoin investment products amounted to $9.5 million, showing a slight surrender of bearish investors for three consecutive weeks.

Ether (ETH)-related investment products had a net outflow of $22.5 million last week, with continuous outflows for five weeks. Most other altcoin investment products maintained a net inflow trend, notably Litecoin, Solana, and Filecoin, with net inflows of $4.4 million, $4 million, and $1.4 million, respectively.

Source:
CoinShares