Digital asset investment products saw USD395m in inflows last week
Digital asset investment products saw inflows of USD395 million despite a weak price environment, according to the latest CoinShares Digital Assets Flow report.
The report reveals there were almost no outflows but highlights increasing hesitancy to invest among investors.
To put the weak price environment into context, prices remain up 61 per cent year to date, and inflows in this current quarter are only 4 pet cent lower than the record inflows of USD4 billion seen in Q4 2020.
Bitcoin saw the highest inflows at USD288 million, but on a proportional market capitalisation basis, ether and polkadot saw higher inflows of USD91 million and USD7m respectively.