TechFlow News — CoinShares' latest data shows that digital asset investment products saw inflows for the first time in five weeks, with total funds reaching $130 million. Meanwhile, ETP trading volumes continued to decline, dropping to $8 billion this week compared to an average of $17 billion in April. These lower volumes highlight reduced participation by ETP investors in the crypto ecosystem, accounting for 22% of total verified exchange volumes globally, down from 31% last month.
By region, the U.S. saw the largest inflow, totaling $135 million, while Grayscale experienced its smallest weekly outflow since January, at $171 million. Switzerland recorded inflows of $14 million.
Following a record inflow the previous week, Hong Kong saw only $19 million in inflows, suggesting that much of the initial capital following the Bitcoin ETF launch was seed funding. Canada and Germany continued to see outflows of $20 million and $15 million respectively, bringing year-to-date outflows to a total of $660 million.
Bitcoin saw inflows of $144 million, recovering from what had been a weak month so far. Short Bitcoin ETPs saw outflows totaling $5.1 million, bringing outflows over the past eight weeks to $18 million.
