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Digital assets fund inflows resume

April 3, 2024 at 12:56 pm

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Digital asset investment products saw a recovery in sentiment with inflows totalling $862m last week, almost fully recovering the prior week’s record $931m outflows, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.

Regionally, the divergence continues, with the US seeing a further $897m inflows, while Europe and Canada combined saw $49m outflows.

Altcoins saw inflows totalling $18.3m last week, with solana leading, seeing $6.1m inflows. Other notable flows were from filecoin, polkadot and chainlink.