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Digital Asset Fund Flows | July 31st, 2023

Weekly Fund Flows - Week 31

 

At the half year mark, digital assets have seen just under US$0.5bn of inflows.

 

  • 93% of the outflows were from long-Bitcoin investment products, while short-Bitcoin saw its 14th consecutive week of outflows totalling US$3.1m.

  • This suggests investors have been taking profits in recent weeks, with the sentiment for the asset overall remaining supportive.

  • Investors are favouring altcoins (less Ethereum), with inflows last week totalling US$3m, and for the last 8 weeks seeing inflows totalling US$19m.