CoinShares: Digital Asset Investment Products Saw $572 Million Inflows Last Week

According to a report by Jinse Finance, the latest data from a certain exchange shows that digital asset investment products saw a return to net inflows last week, totaling $572 million. At the beginning of the week, outflows reached $1 billion, which we believe was due to concerns over growth triggered by weak U.S. employment data. However, in the latter half of the week, inflows surged to $1.57 billion, likely stimulated by the U.S. government's announcement allowing digital assets in 401(k) retirement plans. Ethereum ETPs led the market, attracting $268 million in inflows—the highest among all assets. This pushed year-to-date inflows to a new high of $8.2 billion, while recent price increases also drove total assets under management to a record $32.6 billion, up 82% so far this year. After two consecutive weeks of outflows, Bitcoin saw a rebound with $260 million in inflows last week, while short Bitcoin products experienced $4 million in outflows. Solana, XRP, and Near recorded inflows of $21.8 million, $18.4 million, and $10.1 million, respectively.