Digital assets investment products continue to see inflows
Digital asset investment products saw inflows totalling USD95 million last week, bringing the total run of inflows over the last six weeks to USD320 million, according to the latest Digital Assets Fund Flows Weekly report from Coinshares.
The continued inflows suggest the recent headwinds for digital assets, such as the widened China ban, were seen as buying opportunities for investors.
Ether followed bitcoin with inflows totalling USD29 million last week. Sentiment has remained relatively buoyant for ether as the amount staked to Eth2.0 progresses.
Solana and polkadot continue to see outsized inflows totalling USD3.9 million and USD2.4 million, representing 4.5 per cent and 3.2per cent of AuM respectively.