Digital asset investment products returned to positive inflows last week following a run of six weeks of out flows’ according to the latest Digital Asset Fund Flows report from CoinShares.
Positive price action in recent weeks has now pushed total assets under management (AuM) to USD57.3 billion, the highest since mid-May.
Solana, a competitor to Ethereum, saw the largest inflows of any digital asset last week totalling USD7.1 million.
Ethereum saw minor inflows totalling USD3.2m last week along with other altcoins such as Cardano, Litecoin and Polkadot which saw inflows of USD6.4 million, USD1.8 million and USD1.1 million respectively.
Bitcoin saw its seventh straight week of outflows totalling USD2.8m.
