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Digital assets funds see third week of inflows at $1.05bn

May 29, 2024 at 2:30 pm

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Digital asset investment products saw inflows of $1.05bn last week, the third consecutive positive week, taking cumulative YTD flows to a record $14.9bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.

The majority of inflows were in Bitcoin ETPs, which saw $1.01bn of inflows last week.

Ether meanwhile saw inflows of $36m for the week, the highest since March and likely an early reaction to the approval of ETH ETFs in the US.