TechFlow news, according to CoinShares weekly report, digital asset investment products recorded the second-highest single-week inflow on record last week, with a total of $1.84 billion. This week, trading volume for investment products reached a record high of over $30 billion. Following recent price increases, the total assets under management (AuM) are now very close to the all-time high of $82.6 billion, slightly below the peak of $86 billion set in early November 2021.
The United States dominated with net inflows totaling $1.88 billion. New issuers saw total inflows of $3.2 billion last week. Flows in other regions were mixed: Switzerland recorded inflows of $20 million, while Sweden, Germany, and Canada experienced outflows of $32 million, $35 million, and $23 million respectively.
Bitcoin attracted 94% of the inflows, totaling $1.72 billion. Despite recent price volatility prompting short-sellers to double down, $22 million flowed into Bitcoin short products. Ethereum recorded its largest single-week inflow since mid-July 2022, with a total of $85 million.
Polygon saw inflows of $7.6 million, representing 22% of its AUM, while Solana experienced outflows of $12 million.
