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CoinShares: Inflows into digital asset investment products reached $226 million last week

According to the latest weekly report of CoinShares, the inflow of $226 million in digital asset investment products last week shows that investors are positive but cautious. ETP has seen inflows for nine consecutive trading days after setting the largest outflow ever. Inflows into bitcoin reached $195 million, while outflows from short-term bitcoin investment products reached $2.50 million for the fourth week in a row. The recent price drop has pushed total assets under management in bitcoin global ETPs to their lowest level since the US election, at $114 billion. Counterfeit products inflows totaled $33 million in the first week, following four consecutive weeks of outflows totaling $1.70 billion. The main beneficiaries were Ethereum, Solana, XRP and Sui, with inflows of $14.50 million, $7.80 million, $4.80 million and $4 million respectively.