Foresight News reports that CoinShares released its latest weekly report indicating that last week, inflows into digital asset investment products reached $3.7 billion, marking the second-highest single-week inflow in history. Notably, the single-day inflow on July 10 was the third highest on record. This also marks the 13th consecutive week of inflows, with a cumulative total of $21.8 billion, and a year-to-date (YTD) total inflow of $22.7 billion. Assets under management (AuM) have surpassed $200 billion for the first time, reaching a new high of $211 billion. ETP trading volume reached $29 billion, double the average weekly volume for this year. Bitcoin saw weekly inflows of $2.7 billion, bringing its total assets under management to $179.5 billion, which is the first time it has reached 54% of the total assets under management of gold ETPs. The trading activity of short Bitcoin ETPs is extremely low. Ethereum experienced inflows for the 12th consecutive week, totaling $990 million, the fourth highest on record.
Relatively speaking, over the past 12 weeks, the inflow of funds into Ethereum accounted for 19.5% of its assets under management, while Bitcoin was at 9.8%. XRP had the highest weekly outflow, totaling $104 million, while Solana recorded a strong inflow of $92.6 million.
