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Digital assets funds see second consecutive week of inflows

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Digital asset investment products saw inflows totalling $932m last week, the second week of positive flows, according to the latest digital assets fund flows weekly report from CoinShares.

The inflows seem to have been boosted by the latest US CPI report, with 89% of the total flows being seen in the last three days of the week following the report’s publication.

Grayscale which has suffered $16.6bn of outflows since the January ETF launch, also saw minor inflows for the first time this year.

Ether continued to suffer from bearishness over the prospects for an SEC approval of a spot-based ETF this week with further outflows of $23m.

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