Digital asset investment products recorded a third consecutive week of inflows, totalling $2bn last week, bringing total inflows over the past three weeks to $5.5bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Bitcoin was the prime beneficiary, seeing $1.8bn of inflows during the week, although the recent price rises also saw bearish investors add $6.4m.
Ether, meanwhile saw a second week of solid inflows totalling $149m, bringing the last two weeks of inflows to US$336m. Competitor Solana also saw minor inflows of $6m.