Digital Asset Inflows Reached A 10-week Total Of $1.76 Billion

• Digital asset inflows saw a 10th consecutive week, reaching $176 million, marking the longest streak since October 2021.
• Bitcoin attracted the most funds with $133 million in inflows, while short-Bitcoin reversed a three-week trend with $3.6 million in inflows.

Digital asset inflows experienced a significant surge, reaching a total of $176 million last week. This marks the 10th consecutive week of steady inflows, with a cumulative total of $1.76 billion, or 4% of assets under management (AuM). 

Digital Asset Inflows Reach 10th Consecutive Week of Surging Funds

Bitcoin’s Resurgence and Global Impact

The focus on investment was prominent in Canada, Germany, and the US, witnessing digital asset inflows of $79 million, $57 million, and $54 million, respectively. On the other hand, Hong Kong experienced minor outflows totaling $15 million. Despite the relatively small total AuM in the Asian region and a low number of ETPs, it is noteworthy that the region has seen net outflows year-to-date.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.