CoinShares Report: Digital Asset Investment Products Inflow $858 Million in a Single Week
According to CoinShares' latest weekly report, digital asset investment products flowed in $858 million last week, marking the sixth consecutive week of net inflows and the largest weekly inflow since April 24th. The total assets under management increased to $160 billion. Bitcoin was boosted by the CLARITY Act, surpassing $80000 and flowing into $706 million, with a cumulative inflow of $4.9 billion this year; Ethereum inflow of $771 million, reversing last week's outflow of $816 million; Solana received $476 million and XRP received $396 million. Short selling Bitcoin products resulted in a outflow of $144 million, the largest weekly outflow of the year. The United States led the inflow with $777 million, Germany with $506 million, Switzerland with $211 million, and the Netherlands with $5 million; A multi asset product outflow of $5.5 million.