Digital asset investment products saw inflows totalling $1.9bn last week, likely as a result of recent presidential executive orders that proposed the initiation of a strategic reserve asset in bitcoin, according to CoinShares.
The firm’s latest weekly Digital Assets Fund Flows report also highlights that in the altcoin space, ether rebounded, with inflows of $205m, while XRP also saw a further $18.5m inflows.
The most notable flows amongst the smaller digital assets were solana, chainlink and polkadot with inflows of $6.9m, $6.6m and $2.6m respectively.