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Digital asset fund weekly inflows accelerate to $857.9m

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Digital asset investment products saw $857.9m of inflows, the sixth consecutive positive week, with total AuM rising to $160bn, according to the latest Digital Asset Fund Flows Weekly Report from CoinShraes.

The uptick in AUM was supported by bitcoin breaking above $80,000 mid-week on the back of the CLARITY Act stablecoin yield compromise.

Bitcoin led with US$706.1m and altcoin participation broadened materially, with solana, XRP and ether seeing inflows of $47.6m, $39.6m and $77.1m, respectively.

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