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Spot bitcoin ETF launches boost weekly digital asset fund flows to $1.8bn

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The launch of bitcoin spot trading ETFs in the US helped digital asset investment products to $1.18bn of inflows last week – subject to T+2 settlement – although this did not break the record set at the launch of futures-based bitcoin ETFs.

This is according to the latest Digital Asset Fund Flows weekly report from CoinShares, which also shows that trading volumes totalled $17.5bn over the week, the highest on record, compared to an average of $2bn per week in 2022.

The US saw $1.24bn of inflows, while minor outflows were seen in Europe.

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