CoinShares Report: Last week, inflows into digital asset investment products reached $1 billion, setting a new high in assets under management since the beginning of 2022

According to the latest Digital Asset Fund Flow Weekly Report released by CoinShares, digital asset investment products received an inflow of $1.1 billion last week, bringing the total inflow since the beginning of the year to $2.7 billion. The assets under management (AuM) reached $59 billion, which is the highest level since the beginning of 2022. Regional focus remains on newly issued spot Bitcoin ETFs in the United States, with these ETFs receiving a net inflow of $1.1 billion last week and a cumulative inflow of $2.8 billion since their launch on January 11th. Nearly 98% of inflows were concentrated in Bitcoin, while Ethereum and Cardano also benefited from price increases, receiving respective inflows of $16 million and $6 million.

In addition, outflows from Canada and Germany have significantly slowed down while Switzerland saw an influx of $35 million last week. Although blockchain stocks saw some outflows, this was mainly due to a single issuer's outflow of $67 million; other issuers achieved an influx of $19 million.