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Digital assets funds see largest weekly inflows since July

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Digital asset inflows hit $2.2bn last week, the largest weekly total seen since July, driven by optimism over a potential Republican US election win, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.

US inflows reached $2.3bn, while other regions saw minor outflows, likely due to profit-taking.

Bitcoin led the way with $2.13bn in inflows, while ethereum and several altcoins saw smaller gains.

Multi-asset products, meanwhile, broke their 17 consecutive week inflow streak seeing $5.3m in outflows.

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