Investor demand for digital asset products surged, with Bitcoin and Ethereum leading the way, while XRP faced notable outflows.
CoinShares reported $3.7 billion in inflows for digital asset investment products last week, marking the second highest weekly inflow on record and bringing total assets under management to $211 billion. Bitcoin led with $2.7 billion, while Ethereum attracted $990 million, continuing its streak of consecutive inflows. Conversely, XRP experienced a $104 million outflow, the largest for the week, and Solana saw $92.6 million in inflows. Trading volumes reached $29 billion, more than double the average this year.