According to data released by the cryptocurrency asset management company CoinShares on Monday (19th), digital asset investment products reached a record-breaking weekly net inflow of $2.45 billion last week, bringing the total inflow for this year to $5.2 billion.
Source:
CoinShares
These inflows, combined with recent positive price trends, have increased the total assets under management (AuM) of digital asset ETPs to $67 billion, reaching the highest level since December 2021.
The United States accounted for the vast majority of digital asset ETP inflows, with a share of 99% totaling $2.4 billion. This represents a significant acceleration in net inflows and is widely distributed among different providers, indicating a growing interest in spot-based ETFs. Meanwhile, the outflow of funds from existing participants has decreased significantly.
Source:
CoinShares
In terms of Bitcoin investment products, inflows accounted for over 99%, reaching $2.42 billion, while short-selling Bitcoin investment products saw a net inflow of $5.8 million. In terms of altcoin investment products, Ethereum had a net inflow of $21 million, while Solana saw a net outflow of $1.6 million. Avalanche, Chainlink, and Polygon attracted net inflows of $1 million, $900,000, and $900,000 respectively, and these ETPs have performed well due to consistent weekly inflows this year.
Source:
CoinShares
CoinShares also noted that investors in blockchain stock ETFs chose to take profits last week, resulting in a net outflow of $167 million.
