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Digital assets funds see overall outflows despite strong ETF inflows

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Digital asset investment products saw significant outflows from a global perspective last week, totalling some $500m, despite strong ETF inflows, according to the latest Digital Asset Funds Flow Weekly Report from CoinShares.

The outflows in grayscale last week totalled $2.2bn, although data suggests outflows are beginning to subside as the daily total continued to reduce over the course of the week.

In stark contrast, newly issued US ETFs saw inflows totalling $1.8bn last week, and since launching on 11 January 2024 have now seen $5.94bn of inflows.

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