Digital asset investment products saw inflows totalling $619m last week, with strong early-week demand offset by late-week outflows as oil prices rose despite weak payroll data, according to data from Coin Shares.
The company’s latest Digital Asset Fund Flows Weekly Report shows that the US drove nearly all positive sentiment, recording U646m of inflows, while Europe, Asia and Canada collectively saw modest outflows.
Bitcoin dominated flows with $521m, while ether and solana attracted notable inflows. XRP was the only major asset to see meaningful outflows.