Digital assets funds see inflows of USD74m
Digital asset price weakness prompted investors to add positions last week, with net inflows into investment products totalling USD74 million, according to the latest Digital Assets Weekly Fund Flows report from CoinShares.
Ether achieved its highest market share, peaking at nearly 27 per cent of all investment products.
Outflows, meanwhile, remain focussed on bitcoin investment products, which saw minor outflows of USD4 million.
The most recent data also suggests proof-of-stake coins remain popular with inflows into cardano, polkadot and ripple of USD5.2 million, USD3.8 million and USD4.5 million respectively.
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