CoinShares: Last week, digital asset investment products inflowed 136 million US dollars, and blockchain stocks ushered in the largest capital inflow in a year

Odaily Planet Daily News CoinShares latest weekly report shows that the inflow of digital asset investment products last week was 136 million US dollars, bringing the inflow in the past 3 consecutive weeks to 470 million US dollars, completely correcting the outflow in the first 9 weeks, and bringing the year-to-date net inflow to 231 million US dollars . Deal volumes have slowed, however, with investment products totaling $1 billion this week, compared to an average of $2.5 billion in the previous two weeks. Bitcoin inflows totaled $133 million last week, while shorts saw $1.8 million in outflows for the 11th straight week, a further sign that investors are currently favoring the asset over altcoins. Ethereum’s inflows totaled $2.9 million last week, but benefited only slightly from improved investor sentiment. Inflows over the past 3 weeks represent just 0.2% of total assets under management (AuM), compared to 1.9% for Bitcoin, and remain in negative net flow conditions of $63 million year-to-date. Nonetheless, short ETH did see a small outflow of $300,000. A range of altcoins saw inflows into Solana, XRP, Polygon, Litecoin and Aave, while Cosmos and Cardano saw small outflows. Blockchain stocks saw their biggest inflows in a year, totaling $15 million.