Crypto Assets Witness Slight $6M Weekly Inflows Indicating Varied Investor Attitude

Digital asset investment products saw modest weekly inflows of $6 million, reflecting a range of investor perspectives. The week began with minor inflows but stronger than anticipated US retail sales mid-week led to $146 million in outflows.

Bitcoin saw the largest flows, ending the week with a modest $6 million in outflows. Ethereum meanwhile recorded $26.7 million in outflows, making a cumulative eight-week outflow of $772 million. XRP bucked the trend with inflows of $37.7 million. The US experienced the largest outflow of $71 million, contrasting with positive investor sentiment in Europe and Canada.

In terms of inflows, Switzerland led the way, followed by Germany, Canada, Sweden, Australia, and Brazil.