Volume 83: Digital Asset Fund Flows Weekly Report
Inflows totalling US$100m last week, with investors focussing on Bitcoin
- Digital asset investment products saw inflows totalling US$100m last week, despite crypto prices range trading.
- Bitcoin saw inflows totalling US$126m last week, bringing total inflows year-to-date to just past the half a billion mark at US$506m. Short Bitcoin saw inflows too, totalling US$1.3m last week.
- Ethereum continues to suffer, with another week of outflows totalling US$32m. Ethereum has endured 9 straight weeks of outflows implying enduring negative investor sentiment.
Digital asset investment products saw inflows totalling US$100m last week, despite crypto prices range trading. The flows bring total assets under management (AuM) to US$39.8bn.
Regionally the flows were predominantly from the Americas, totalling US$88m while European flows totalled just US$11m, with year-to-date inflows of US$570m and outflow of US$41m respectively, suggesting European investors have been much more bearish this year so far.
Bitcoin saw inflows totalling US$126m last week, bringing total inflows year-to-date to just past the half a billion mark at US$506m. Short Bitcoin saw inflows too, totalling US$1.3m last week. While relatively small, the year-to-date inflows represent 30% of total AuM (US$55m), second only to Solana inflows.
Ethereum continues to suffer, with another week of outflows totalling US$32m. Ethereum has endured 9 straight weeks of outflows implying enduring negative investor sentiment. However, since the outflows began in December 2021, they only represent just under 7% of total AuM.
Multi-asset investment products saw inflows totalling US$4.3m and has seen consistent inflows during this bout of negative price action.
Altcoins saw virtually no inflows last week highlighting investors are flocking to the relative safety of Bitcoin.
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