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Digital assets investment products see third week of inflows

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Investor sentiment towards digital assets investment products continues to improve with the sector record a third week of inflows, totalling USD85 million, according to then latest Digital Asset Fund Flows Weekly report from Coinshares.

Bitcoin continues to lead the inflows with USD71 million last week, the largest since early December with this three-week run of inflows totalling USD108 million.

Ether saw its ninth week of outflows suggesting investors remain bearish.

A broad set of altcoins also saw inflows, such as Solana, Polkadot and Cardano which saw inflows totalling USD2.4 million, USD2.2 million and USD1.1 million respectively.

Terra also saw its first significant inflows totalling USD1.4 million last week, representing 26 per cent of AuM.

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