CoinShares: Recent Market Dip Spurs $1.3 Billion Inflows into Digital Assets

According to CoinShares: The latest figures for digital asset investment products show substantial inflows totalling $1.3 billion for the fifth consecutive week, spurred by recent price falls across major cryptocurrencies.Market Response to Cryptocurrency Price FallsThis week, Bitcoin and Ethereum led the inflow surge in digital asset investment products. Bitcoin registered inflows of $407 million, now accounting for 7.1% of the total market capitalization through Exchange-Traded Products (ETPs), marking it as the largest holder relative to any other entity. Meanwhile, Ethereum witnessed its most notable weekly inflow this year, totalling $793 million, as investors capitalized on its price drop to around $2,100.The combined inflows have brought the total for the year to an impressive $7.3 billion. However, the recent downturn in prices led to a decrease in the total assets under management in ETPs, dropping from an all-time high of $181 billion in late January to $163 billion.Regional Investment Trends in Digital AssetsRegionally, the United States led with inflows of $1 billion, but significant activity was also noted in Germany, Switzerland, and Canada, with inflows of $61 million, $54 million, and $37 million, respectively. Other cryptocurrencies such as XRP and Solana also experienced notable inflows, with $21 million and $11 million.Additionally, blockchain equities continued to attract investment, with a further $33 million this week, bringing the year-to-date total to $194 million.