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Digital asset investment product inflows total USD88m last week

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Digital asset investment products saw inflows totalling USD88 million last week, although this masks very mixed flows across providers, according to the latest weekly Digital Asset Fund Flows report from CoinShares.

Some providers saw outflows representing as much as 11 per cent of assets under management (AuM) while others saw inflows representing 14 per cent of AuM.

Solana, Tron and Multi-asset investment products bucked the trend with inflows totalling USD19 million, USD17 million and USD15 million respectively.

The recent price appreciation of Tron, a “world computer” coin, has pushed its total AuM to above that of Cardano.

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