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COINSHARES INTERNATIONAL LTD
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Digital Asset Fund Flows | July 17th, 2023
US$742m inflows over the last 4 weeks, investors maintain focus on Bitcoin.
Digital asset investment products saw US$137m of inflows last week. Following a few late updates to prior weekly data, inflows for the last 4 weeks now total US$742m, representing the largest run of inflows since the final quarter of 2021.
Bitcoin saw inflows totalling US$140m, comprising 99% of all inflows. While short bitcoin investment products saw a 12th week of outflows of US$3.2m.
The recent price appreciation in Ethereum has not been followed with inflows, with US$2m outflows last week, remaining the asset with the most outflows year-to-date.
