CoinShares: Last week's net inflow of digital asset investment products was $3.7 billion, marking the 13th consecutive week of inflows

Deep Tide TechFlow news, on July 14, CoinShares released the latest weekly report showing that last week, digital asset investment products saw an inflow of $3.7 billion, marking the second highest single-week inflow in history. This also marks the 13th consecutive week of inflows, with a total cumulative inflow of $21.8 billion, and a year-to-date (YTD) total inflow of $22.7 billion. The assets under management (AuM) have surpassed the $200 billion mark for the first time, reaching a new high of $211 billion. ETP trading volume reached $29 billion, double the average weekly figure for this year. Bitcoin saw weekly inflows of $2.7 billion, bringing its total assets under management to $179.5 billion. This is the first time it has reached 54% of the total assets under management of gold ETPs. Short Bitcoin ETP trading activity is extremely low. Ethereum has seen inflows for the 12th consecutive week, totaling $990 million, making it the fourth highest on record. In comparison, over the past 12 weeks, Ethereum's inflows accounted for 19.5% of its assets under management, while Bitcoin's was 9.8%. XRP had the highest weekly outflow, totaling $10.4 million, while Solana recorded strong inflows of $9.26 million.