CoinShares: Digital asset investment products saw net inflows of $1.3 billion last week

According to the latest weekly report from CoinShares, digital asset investment products saw continuous inflows for 5 weeks last week, totaling $1.3 billion, bringing the total inflow for this year to $7.3 billion. The recent price drop caused the total assets under management of ETPs to drop from the historical high of $181 billion at the end of January to $163 billion. This week's trading volume remained stable at $20 billion. Bitcoin saw inflows of $407 million, and global ETPs currently account for 7.1% of the current market value. Ethereum became the focus this week, with its price recently dropping to nearly $2,100, triggering a large number of buy-ins on dips, with inflows reaching $793 million, surpassing Bitcoin for the first time this year. Other notable inflows were XRP and Solana, at $21 million and $11 million, respectively. Blockchain stocks also saw inflows of $33 million, bringing the total inflow for this year to $194 million.