TechFlow reported on October 21 that CoinShares' latest weekly report showed $2.2 billion inflows into digital asset investment products last week, the largest weekly increase since July, driven by optimism over a potential Republican victory in the U.S. election. Trading volumes for investment products surged by 30%, while rising prices and capital inflows brought total assets under management close to the $100 billion threshold.
Regional fund flows showed a polarized picture, with the U.S. seeing $2.3 billion in inflows, while nearly all other countries experienced minor outflows—Canada, Sweden, and Switzerland recorded outflows of $20 million, $18 million, and $15 million respectively.
Bitcoin was the main beneficiary, attracting $2.13 billion in inflows. Recent price gains triggered $12 million in short Bitcoin product inflows—the largest since March this year. Ethereum also saw $58 million in inflows, while some altcoins attracted capital, including Solana ($2.4 million), Litecoin ($1.7 million), and XRP ($700,000). Multi-asset products saw outflows of $5.3 million, ending a 17-week streak of consecutive inflows.
