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Digital assets funds see inflows of $151m in first week of 2024

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Digital asset investment products saw inflows totalling $151m in the first week of 2024, bringing the total inflows since the Grayscale vs SEC lawsuit to $2.3bn, according to the latest Digital Assets Fund Flows weekly report from CoinShares.

Bitcoin saw the largest share of inflows at US$113m with total inflows over the last nine weeks representing 3.2% of AuM.

Conversely, short-bitcoin saw outflows for the first week of the year totalling $1m. Blockchain equities, meanwhile, have also had a good start to the year, seeing $24m inflows over the last week.

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