Digital asset investment products saw inflows totalling USD42 million last week, according to the latest Digital Asset Fund Flows weekly report from CoinShares.
Inflows were seen across all digital assets and signals what we believe to be continued improving sentiment amongst investors.
Bitcoin saw inflows of USD15 million, having suffered the most from negative investor sentiment recently with inflows in only three of the last 16 weeks.
Solana, despite recovering from a network outage caused by a DDoS attack, saw inflows of USD4.8 million. This suggests investors were happy to shrug-off the attack, seeing it as teething problems rather than something more inherently problematic with the network.