• Digital asset investment products totaled $136 million last week, bringing the third consecutive week of inflows to $470 million.
• Bitcoin [BTC] remained “the focus amongst investors,” as the king coin logged inflows totaling $133 million last week.
• Ethereum [ETH] posted inflows that totaled $2.9 million, however it „has only marginally benefitted from improved investor sentiment.“

Digital Assets Report: Inflows Rise Despite Crypto Market Stagnation

Last week digital asset investment products experienced a total inflow of $136 million, continuing an overall positive trend for the past three weeks of consecutive inflows which totaled $470 million according to CoinShares data. The year-to-date flows mark a net positive of $231 million despite trading turnover slowing with investment products totaling US$1bn compared to the prior two weeks‘ average of US$2.5bn. This decrease in volume may be attributed to seasonal effects and typically lower volumes during July and August months.

Bitcoin Takes The Lead

Bitcoin [BTC] was again “the focus amongst investors” logging inflows totaling at $133 million last week accounting for 98% of total inflows recorded during this period. Despite being confined within a narrow price range during this period, an 8% uptick was seen in BTC inflows and brought its assets under management (AuM) value up to around $25 billion with YTD net inflows at a positive figure of around $290 million after having been in a net outflow position three weeks prior. Short-Bitcoin investment products saw an outflow of -$1.18 million over 11 consecutive weeks, though still remaining the second best performing asset in terms of YTD inflows at around +$58million according to CoinShares data.

Ethereum Sees Inflows But At What Cost?

Leading altcoin Ethereum [ETH] posted modest but notable inflows totaling at +$2.9million last week however it „has only marginally benefited from improved investor sentiment“ according to CoinShares report citing that the past 3 weeks worth of ETH flows represented just 0.2% or 1/500thof total assets under management (AuM). Other investments such as short ETH registered outflows during this time with -$6million worth leaving its YTD net outflows at -$37million currently according to CoinShare figures..


The crypto market continues its somewhat stagnant nature however digital asset investment products have seen an overall upward trend in recent weeks with both Bitcoin and Ethereum experiencing substantial inflow particularly BTC seeing a marked increase in AuM value after being low on funds just 3 weeks ago according to CoinShare data..