Digital asset investment products saw inflows totalling $160 million last week, the highest level since July 2022, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
The inflows represent a marked turnaround following six weeks of outflows totaling $408 million.
Bitcoin was the primary beneficiary, seeing inflows of $128 million. Not all investors saw it as a ‘safe haven’ though with short-bitcoin also seeing inflows of $31 million.