Last week, a net inflow of $1.24 billion into global digital asset investment products... 10 consecutive weeks

Last week, $1.24 billion flowed into global digital asset (cryptocurrency) investment products, marking the 10th consecutive week of net inflows.

On the 23rd (local time), CoinShares stated in its report, "Last week, digital asset investment products saw $1.24 billion ($1.7176 trillion KRW) in inflows, recording 10 consecutive weeks of net inflows." It added, "Since the beginning of the year, $15.1 billion has flowed in, setting a new all-time high." Furthermore, "Despite geopolitical concerns, investor sentiment remains strong," the report said. However, it was noted that daily inflows have gradually decreased following reports about U.S. involvement in Iran.

By asset, Bitcoin (BTC) products ranked first with a net inflow of $1.114 billion. The report noted, "As Bitcoin prices declined, more investors took it as an opportunity and bought related products," and, "The $1.4 million outflow from short (sell) Bitcoin products also reflects the strengthened sentiment." Ethereum (ETH) products saw $124 million in inflows, ranking second. The report stated, "Ethereum has recorded nine consecutive weeks of net inflows, with $2.2 billion flowing in just during that period," and, "This is the longest streak since 2021."

Major altcoins also showed positive trends. Solana (SOL) products attracted $2.78 million, while XRP and Chainlink (LINK) recorded $2.69 million and $600,000 in inflows, respectively.

By country, the United States showed strong inflows. Just U.S.-based digital asset products saw net inflows of about $1.25 billion, while Canada, Germany, and Australia recorded inflows of $20.9 million, $10.9 million, and $16.6 million, respectively. In contrast, Hong Kong, Sweden, and Switzerland recorded net outflows of $32.6 million, $14.9 million, and $7.7 million, respectively.