CoinShares Weekly Report: Digital Asset Investment Products Saw a Net Inflow of $3.75 Billion Last Week, with Ethereum Accounting for 77% of Weekly Inflows
According to the latest weekly report data from CoinShares, global digital asset investment products achieved a net inflow of $3.75 billion last week, marking the fourth largest single-week net inflow in history.
Ethereum led the way with a weekly inflow of $2.87 billion, representing 77% of the total inflow for the week, pushing its year-to-date (YTD) inflow to a record $11.094 billion, with the YTD inflow ratio far exceeding that of Bitcoin.
Additionally, Solana and XRP recorded inflows of $176.5 million and $125.9 million last week, while LTC and Ton experienced net outflows of $400,000 and $1 million, respectively.
It is noteworthy that last week's inflows were unusually concentrated, with almost all inflows directed toward digital asset investment products under iShares. Furthermore, as Bitcoin's price hit a new high on August 13, its total assets under management (AuM) reached a historic record of $244 billion.
From a country/region distribution perspective, the United States still leads with a weekly inflow of nearly $3.73 billion, capturing 99% of the market share; followed by Canada, Hong Kong, and Australia with weekly net inflows of $33.7 million, $20.9 million, and $12.1 million, respectively; meanwhile, Sweden and Brazil saw weekly net outflows of $10.6 million and $49.9 million, respectively.
In summary, Ethereum's market performance is particularly remarkable, with total weekly inflows reaching nearly $2.87 billion. In comparison, Bitcoin's inflow was relatively smaller, totaling $552 million. This seems to indicate that altcoins represented by Ethereum are gaining more favor in the market.
Overall, despite Bitcoin's relatively small inflow last week and several weeks of relative stagnation, the continuation of weekly net inflows indicates that investor interest in cryptocurrencies remains strong.
