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Fourth week of digital assets fund inflows takes YTD total past $15bn

June 4, 2024 at 9:22 am

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Digital asset investment products saw inflows for the fourth consecutive week last week totalling $185m, taking Toal inflow for the month of May to $2bn inflows and pushing year-to-date inflows past the $15bn mark, according to the latest digital assets fund flows weekly report from CoinShares.

Bitcoin saw inflows totalling $148m, while short-bitcoin saw another week of outflows totalling $3.5m.

Ether saw a second week of inflows following the SEC approval of a spot-based ETF which is expected to launch in July.