Digital asset investment products saw inflows for the fourth consecutive week totalling US$66m, according to the latest CoinShares Digital Asset Fund Flow report. This brings the total AUM up to $33bn.
While the most recent inflows are likely linked to excitement over a spot bitcoin ETF launch in the US, they are relatively low in comparison to June announcements, suggesting more caution from investors this time round.
Altcoin solana saw a further $15.5m inflows last week, bringing year-to-date inflows to US$74m (47% of AuM), making it the most popular altcoin this year so far.