Digital asset investment products continue to see strong inflows, with total year-to-date inflows reaching an all-time high of $13.8 billion. According to a report from digital asset management company CoinShares, institutional crypto products received around $646 million in investments last week. However, this amount represents a slowdown compared to the previous week’s inflows of $862 million.
Total assets under management (AuM) for digital asset investment products fell to $94.46 billion, down 3.5% from the previous week. Bitcoin remains the most popular choice for investors, with inflows of $663 million recorded last week, bringing the total inflows for the year to $13.5 billion. US spot ETFs also attracted significant investment, reaching $483 million in total inflows last week.
While Bitcoin continues to perform well, Ethereum-linked funds experienced their fourth consecutive week of capital outflows, totaling $22.5 million. Other major altcoins like Solana and Litecoin also saw outflows last week.
Overall, digital asset investment products are still attracting considerable investment, but there are some signs of a slowdown in inflows compared to previous weeks. The performance of Ethereum and other altcoins will be something to watch in the coming weeks as investors adjust their strategies.