Digital asset investment products saw inflows totalling $130m last week, the first positive flows seen in five weeks, according to the latest digital assets fund flows weekly report from CoinShares.
Regionally, the US saw the majority of inflows totalling $135m, with incumbent Grayscale seeing the lowest weekly outflows since January.
Low interaction by the US regulators with ETF issuer applications for a spot ether ETF have increased speculation that the ETF approval is not imminent, which is reflected in outflows totalling $14m from ether funds last week.