Digital Asset Investment Sees Inflows Amid Cautious Optimism

According to Odaily, CoinShares' latest weekly report reveals that digital asset investment products experienced inflows of $226 million last week, indicating a positive yet cautious investor sentiment. Following the largest outflow on record, exchange-traded products (ETPs) have seen inflows for nine consecutive days. Bitcoin recorded inflows totaling $195 million, while short-term Bitcoin investment products saw outflows for the fourth consecutive week, amounting to $2.5 million. Recent price declines have led to the total assets under management for global Bitcoin ETPs dropping to $114 billion, the lowest level since the U.S. presidential election. Altcoins saw a first-week inflow of $33 million after four weeks of outflows totaling $1.7 billion. The primary beneficiaries were Ethereum, Solana, XRP, and Sui, with inflows of $14.5 million, $7.8 million, $4.8 million, and $4 million, respectively.