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CoinShares: Net inflow of digital asset investment products last week was US$1.3 billion

The Internet reported that according to CoinShares 'latest weekly report data, digital asset investment products flowed in for five consecutive weeks last week, totaling US$1.3 billion, bringing the inflow so far this year to US$7.3 billion. Recent price declines have caused ETP's total assets under management to fall to $163 billion from a record high of $181 billion set at the end of January. Trading volume has stabilized at $20 billion this week. Bitcoin inflows are US$407 million, and global ETP currently accounts for 7.1% of the current market value. This week, Ethereum became the focus, with its price recently falling to nearly $2,100, triggering a large number of bargain hunting, with capital inflows reaching $793 million, surpassing Bitcoin for the first time this year. Other noteworthy inflows were XRP and Solana, with $21 million and $11 million respectively. Blockchain stocks poured in another $33 million, bringing inflows so far this year to $194 million.

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