CoinShares: Record $2.45 billion inflows into digital asset investment products last week

According to statistics from the cryptocurrency asset management company CoinShares, digital asset investment products saw a record inflow of $2.45 billion last week, bringing the total inflow for the year to date to $5.2 billion, with assets under management returning to December 2021 levels.

Digital Asset Investment Products Continue to See Net Inflows

Weekly inflows into digital asset investment products hit a record high of $2.45 billion, bringing the year-to-date inflows to $5.2 billion. These inflows, coupled with the recent surge in coin prices, have pushed the total Assets Under Management (AUM) to $67.1 billion, the highest level since December 2021.

Among them, Grayscale Trust, despite seeing outflows of $7 billion year-to-date, still maintains the top position with assets worth $32.3 billion. BlackRock's AUM stands at $6.2 billion, closely followed by Fidelity at $4.5 billion.

Bitcoin Continues to Dominate the Market

In terms of asset categories, Bitcoin accounts for $24.2 billion, while Ethereum only amounts to $21.1 million. The recent downtime of Solana has impacted market sentiment, leading to outflows of $1.6 million. Avalanche, Chainlink, and Polygon saw inflows of $1 million, $900,000, and $900,000 respectively, with consistent weekly inflows so far this year.

Funds Flowing Significantly into the United States

Regionally, the United States accounts for 99% of the total inflows, amounting to $2.4 billion. This indicates a growing interest in spot ETFs among investors. At the same time, outflows from existing participants have decreased significantly. Other regions like Germany and Switzerland saw inflows of $13.3 million and $16.7 million respectively, while Sweden saw outflows totaling $26.3 million.