Digital asset investment products saw inflows totalling $261m, representing the sixth week of consecutive inflows that now total $767m, surpassing the total inflows of $736m seen in 2022, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Bitcoin saw the lion’s share of inflows, totalling $229m, bringing year-to-date inflows to $842m, likely buoyed by the increasing likeliness of a spot-based ETF in the US.
Ether saw the largest inflows since August 2022meanwhile, totalling $17.5m.