- There was a positive response to the “hawkish cut” by the FED, with digital asset investment products seeing US$1.9bn of inflows last week.
- Bitcoin and Ethereum led with inflows of US$977m and US$772m respectively. Meanwhile, Solana (US$127.3m) and XRP (US$69.4m) also attracted strong demand, driven by the hype around crypto ETF launches in the United States.
- Total AuM hit a YTD high of US$40.4bn, putting the market on track to match or slightly exceed last year’s US$48.6bn inflows.
The full research features in CoinShares’ weekly newsletter ‘Digital Asset: Fund Flows’, which can also be found here.
