Digital Asset Investments Garner $224M Although the Pace of Influx Slows Down

Last week, digital asset investment products attracted $224 million in inflows, taking the 7-week total to $11 billion. However, the rate of investments seems to be decelerating due to growing investor caution pending clearer guidance from the US Federal Reserve on inflation and monetary policy.

Bitcoin experienced $56.5 million in outflows for the second consecutive week, reflecting investor caution. Ethereum led the week with $296.4 million in inflows, marking its seventh straight positive week. The US had the highest weekly inflows with $175 million, followed by Germany with $47.8 million. Conversely, Brazil and Hong Kong experienced significant outflows.

Despite the impressive streak of inflows for digital assets, the pace of investment appears to be losing momentum.