Digital asset investment products saw inflows of $1.1bn last week, bringing year-to-date inflows to $2.7bn, and AUM to its highest level since early 2022 at $59bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Regionally, the focus remained on the newly issued spot-based bitcoin ETFs in the US, which saw a net $1.1bn of inflows last week, bringing inflows since 11 January launch to $2.8bn.
Bitcoin saw almost 98% of the inflows, while the price appreciation also buoyed sentiment for ethereum and cardano.
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