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Digital asset fund flows total USD288m in past week

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Digital asset investment products saw inflows totalling USD288 million last week, bringing the total inflows year-to-date to a record USD8.7 billion, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.

Bitcoin saw the majority of inflows totalling USD269 million last week bring total inflows for October to USD2 billion.

The record-breaking previous week, following the US SEC permitting a Bitcoin futures ETF decision, was not repeated last week with only USD53 million of inflows from US-based ETFs.

Multi-asset investment products saw outflows totalling a record USD23 million, in what is now a three week run of outflows.

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