Crypto Blog
According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, digital asset investment products received a total of $326 million in inflows, marking the highest weekly influx since July 2022.
From a regional standpoint, just 12% of the total flows, amounting to $38 million, originated from the United States. The most substantial inflows originated from Canada, Germany, and Switzerland, with investments of $134 million, $82 million, and $50 million, respectively. “Month-to-date inflows are now close to half a billion dollars. While positive for Bitcoin, this weekly inflow ranks as only the 21st largest on record, suggesting continued restraint amongst investors, although we do believe a spot-based ETF is now highly likely in the coming months, and will represent a step-change for the industry from a regulatory perspective.”, James Butterfill, the firm’s Head of Research, doubled down on the strength displayed by the market in recent weeks.
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