Digital asset investment products saw inflows for the third consecutive week last week totalling $15m, although trading volumes remain 27% below the 2023 average, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.
Bitcoin saw $16m of inflows last week, bringing the year-to-date inflows to $260m, while short-bitcoin saw inflows of $1.7m.
Last week though, was not positive for altcoins, with tezos, litecoin and chainlink all seeing outflows totalling $0.25m, $0.28m and $0.31m respectively.