Digital asset investment products saw a fifth week of outflows totalling USD26 million, although the level of the outflows is lower than seen in either in May and June, according to the latest Digital Asset Fund Flows Report from CoinShares.
Following recent price rises, total investment product AuM is now back at USD5 billion, the highest level since mid-May.
Ethereum market share is again rapidly rising and now represents 26 per cent of investment products.
The number of funds/investment products listed has accelerated recently with a record 37 launched this year compared to the previous high of 30 seen in 2018.