Volume 90: Digital Asset Fund Flows Weekly Report
Late trade reporting push month-to-date inflows to US$394m
- Digital asset investment products saw inflows totalling US$30m last week, while late reporting of trades from the prior week saw inflows corrected from US$12m to US$343m, marking the largest single week of inflows since November 2021.
- Bitcoin saw inflows totalling US$19m last week with the prior week inflows corrected to US$206m, the largest single week inflows since May 2022.
- Ethereum saw inflows totalling US$8m, while the corrected prior week data saw inflows totalling US$120m. These inflows mark the largest single week of inflows since June 2021.
Digital asset investment products saw inflows totalling US$27m last week, while late reporting of trades from the prior week saw inflows corrected from US$12m to US$343m, marking the largest single week of inflows since November 2021. This brings month-to-date inflows to US$394m and total assets under management (AuM) back to early June 2022 levels of US$30bn.
Regionally, the majority of inflows were from Switzerland totalling US$16m with the prior week seeing inflows totalling US$356m, while year-to-date inflows sit at US$577m, leaving it the favoured region for digital asset investors. Minor inflows were seen in both the US and Germany last week totalling US$9m and US$5m respectively.
Bitcoin saw inflows totalling US$16m last week with the prior week of inflows corrected to US$206m, the largest single week of inflows since May 2022. Short-Bitcoin saw inflows totalling US$0.6m, with recent positive price performance for Bitcoin pushing down its AuM to US$133m from July 13th peak of US$145m.
Ethereum saw inflows totalling US$8m, while the corrected prior week data saw inflows totalling US$120m. These inflows mark the largest single week of inflows since June 2021 and imply a turning point in sentiment after a recent 11-week run of outflows. It also suggests that as The Merge progresses to completion, investor confidence is slowly recovering.
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