Digital asset ETPs post third straight week of net inflows, led by US demand
Digital asset ETPs saw a third consecutive week of net inflows, totaling $864 million, primarily driven by strong demand in the US.Summary
Digital asset Exchange Traded Products (ETPs) experienced their third consecutive week of net inflows, accumulating approximately $864 million last week, according to a CoinShares report. The United States was the leading source of these inflows with about $796 million, followed by Germany and Canada. Bitcoin investment products attracted the largest share with $522 million in weekly inflows, signaling a recovery in sentiment despite short-Bitcoin products seeing minor outflows. Ether products also saw substantial inflows of $338 million. Other assets like Solana and XRP also attracted fresh capital. Conversely, Switzerland-listed crypto ETPs recorded outflows, and multi-asset crypto ETPs saw net redemptions. Funds investing in publicly traded blockchain companies showed mixed results, with VanEck's funds recording the largest inflows.
(Source：Cointelegraph)