Digital asset investment products saw inflows totalling $15m last week, while total assets under management(AuM) recovered from their year and half lows to $36.2bn, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Bitcoin saw minor outflows totalling $1.7 million while inflows into short bitcoin totalled $6.3 million last week.
Ether saw inflows for the third consecutive week totalling $7.6 million. The inflows suggest a modest turn-around in sentiment having endured 11 consecutive weeks of outflows.
The altcoin market has remained remarkably inactive this month so far with minor outflows totalling $0.3 million.
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