According to data released by crypto asset management company CoinShares on Monday (19th), digital asset investment products last week reached the second-highest single-week net inflow of funds on record, totaling US$1.84 billion, with 94% of the funds flowing into Bitcoin. investment products totaling US$1.73 billion.
The trading volume of digital asset ETPs hit a new record of more than $30 billion last week, sometimes even accounting for 50% of the global Bitcoin daily trading volume on trusted exchanges. The current asset management scale (AuM) of digital asset ETPs has reached US$82.6 billion after recent price increases, which is only slightly lower than the peak of US$86 billion set in early November 2021.
U.S. inflows continued to dominate, totaling $1.88 billion, partially offset by outflows totaling $1.46 billion from Grayscale’s Bitcoin Spot ETF (GBTC), while new spot ETF issuers The net inflow was US$3.2 billion.
The total net inflow of Bitcoin investment products reached US$1.73 billion, but at the same time , short Bitcoin investment products saw a net inflow of US$22 million, which was the third consecutive week of net inflow. Ethereum investment products last week saw their largest weekly inflows since mid-July 2022, totaling $85 million, but assets under management of $14.6 billion are still some way off the all-time peak ($23.7 billion).
