CoinShares: Last week, net inflows into digital asset investment products reached $3.7 billion

ChainCatcher news, according to CoinShares' latest weekly report, shows that last week, digital asset investment products saw an inflow of $3.7 billion, marking the second highest weekly inflow in history.

Notably, the single-day inflow on July 10 reached the third highest in history. This also marks the 13th consecutive week of inflows, with a total inflow amount reaching $21.8 billion, and a year-to-date (YTD) total inflow of $22.7 billion. The assets under management (AuM) have surpassed the $200 billion mark for the first time, reaching a new high of $211 billion. ETP trading volume reached $29 billion, which is double the weekly average for this year.

Weekly inflows for Bitcoin reached $2.7 billion, bringing its total assets under management to $179.5 billion. This is the first time it has reached 54% of the total assets under management of gold ETPs. Short Bitcoin ETP trading activity remains extremely low. Ethereum has seen inflows for the 12th consecutive week, totaling $990 million, which is the fourth highest on record.

In comparison, over the past 12 weeks, Ethereum's inflows accounted for 19.5% of its assets under management, while Bitcoin's was 9.8%. XRP had the highest weekly outflow, totaling $104 million, while Solana recorded a strong inflow of $92.6 million.