Digital-asset investment products at asset managers such as CoinShares, Bitwise, Grayscale, 21Shares and ProShares recorded net inflows for the sixth consecutive week. The funds added $261 million to a total $767 million over the last six weeks alone — surpassing all of 2022’s $736 million inflows — according to CoinShares’ latest report.
Bitcoin investment products dominated, capturing the lion's share of inflows, totaling $229 million, and bringing bitcoin funds’ year-to-date inflows to $842 million. However, short-bitcoin products also saw inflows of $4.5 million — indicating some investors remain skeptical about the sustainability of the recent rally.Ether crypto funds generated the most inflows since August 2022 last week, totaling $17.5 million — a significant turnaround from a run of $107 million in outflows they have faced this year.