TechFlow reported on August 12 that CoinShares' latest weekly report showed a total inflow of $176 million into digital asset investment products last week, as investors viewed recent price weakness as a buying opportunity. The total assets under management (AuM) in investment products had previously dropped to $75 billion due to market corrections—representing over $20 billion in losses—but have now recovered to $85 billion. ETP trading activity was exceptionally strong, with weekly trading volume reaching $19 billion, above the year-to-date average weekly volume of $14 billion.
Last week’s inflows into Ethereum brought its year-to-date total inflows to $862 million—the highest since 2021—driven primarily by the launch of spot ETFs in the United States. Bitcoin saw outflows at the beginning of the week but recorded significant inflows in the final days, resulting in a net weekly inflow of $13 million. Short-term Bitcoin ETPs experienced outflows, causing their assets under management to fall to the lowest level since the beginning of the year, indicating substantial investor withdrawals.
