CoinShares: Digital asset investment products saw $1.1 billion in net inflows last week

According to CoinShares’ Research Report (Issue 281), digital asset investment products recorded $1.1 billion in net inflows last week—the highest single-week level since January this year—driven primarily by U.S. CPI data coming in below expectations and ceasefire indications in the Iran situation, both of which significantly boosted market risk appetite. By asset, Bitcoin led inflows with $871 million for the week, bringing its year-to-date cumulative inflows close to $2 billion. Ethereum sentiment improved markedly, attracting $196.5 million in inflows; however, it remains in net outflow territory year-to-date. XRP saw $19.3 million in inflows, while Solana posted a modest outflow of $2.5 million. Notably, bearish Bitcoin products attracted $20.2 million in inflows during the same period—the largest single-week inflow since November 2024—indicating persistent hedging demand. Regionally, the U.S. dominated inflows, accounting for 95% of the total—or $1.06 billion. Germany, Canada, and Switzerland recorded inflows of $34.6 million, $7.8 million, and $6.9 million, respectively. Trading volume rose 13% week-on-week, yet the weekly volume of $2.1 billion remains below the year-to-date average of $3.1 billion. Total assets under management have rebounded to early-February levels.