Digital asset investment products experienced a significant turnaround last week, recording $1 billion in inflows, according to CoinShares. This marks the end of a five-week streak of outflows totaling $4 billion. Bitcoin was the primary beneficiary, attracting $881 million in inflows, while short Bitcoin products saw only $3.7 million, indicating a divided market sentiment.
Ethereum also saw substantial interest, with $117 million in inflows, the largest weekly amount since mid-January. Despite this, both Ethereum and Bitcoin remain in net outflow positions for the year. In contrast, Solana attracted $53.8 million last week, contributing to a year-to-date total of $156 million in inflows. Chainlink recorded a modest $3.4 million inflow, with no significant outflows reported.
Digital Asset Investment Products See $1 Billion Inflows, Led by Bitcoin
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