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Year-to-date digital assets investment product inflows recover to $0.49bn

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Digital asset investment products saw inflows totalling $3m last week marking the sixth consecutive week of inflows that total $529m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.

Digital asset investment products saw inflows totalling $3m last week marking the sixth consecutive week of inflows that total $529m, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.

Year to date inflows now stand at $0.49 billion.

Bitcoin saw outflows totalling $8.5 million while short-bitcoin investment products saw a record outflows totalling $7.5 million, for the second consecutive week, suggesting investors believe bitcoin prices have bottomed out.

Ether saw inflows totalling $16 million and is enjoying a near seven consecutive week run of inflows totalling $159 million. This turn-around in investor sentiment is probably linked to greater clarity on the timing of The Merge.

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