CoinShares: Digital asset investment products saw inflows of $1.2 billion last week, marking the fourth consecutive week of net inflows.

According to a report from CoinShares research, digital asset investment products recorded a net inflow of $1.2 billion this week, marking the fourth consecutive week of positive inflows. Total assets under management (AuM) rose to $155 billion, the highest level since February 1st. Bitcoin led the pack with $933 million inflows, bringing its year-to-date inflows to $4 billion. Ethereum saw inflows exceeding $190 million for the third consecutive week, while XRP returned to net inflows after a week of outflows. Regionally, the US led the inflows this week ($1.1 billion), with Germany, Switzerland, and Canada also recording positive inflows, indicating broad-based demand. Furthermore, blockchain stock ETFs have attracted a cumulative $617 million over the past three weeks, setting a new weekly inflow record, reflecting the continued rise in institutional investor interest in this sector. The market is currently focused on the FOMC meeting on April 28-29, which may cause some short-term volatility.