Digital asset funds saw inflows totalling US$441m last week, with recent price weakness prompted by Mt Gox and the German Government selling pressure likely being seen as a buying opportunity, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Bitcoin saw US$398m inflows but unusually represented just 90% of total inflows as investors chose to invest across a much broader set of altcoins.
The improved sentiment has not however been reflected in blockchain equities, which saw a further $8m of outflows last week.