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.

To see the full report, click here.