TechFlow reported on October 14 that CoinShares' latest weekly report showed $407 million in net inflows into digital asset investment products last week, primarily driven by the upcoming U.S. election rather than monetary policy outlooks. After post-debate polls following the U.S. vice-presidential debate shifted in favor of the Republican Party—perceived as more supportive of digital assets—there was a surge in capital inflows and price increases.
Regionally, the U.S. accounted for $406 million in inflows, while Canada saw $4.8 million. Bitcoin was the main beneficiary with $419 million in inflows, whereas short-term Bitcoin investment products experienced $6.3 million in outflows. Multi-asset investment products recorded inflows for the 17th consecutive week, though only amounting to $1.5 million. Ethereum continued to see outflows, totaling $9.8 million last week.
