CoinShares: Digital asset products log $3.55B weekly inflows, highest this year
AI Market Summary
CoinShares reported $3.55B in weekly net inflows into digital asset investment products, the year's largest, lifting AUM to ~$173B. BTC led with $2.52B and U.S. spot BTC ETFs added $2.39B, while ETH ETFs drew $690M, indicating sustained institutional demand. The strength of flows alongside a recent Fed 25bp hike suggests risk appetite is resilient, potentially tightening near-term crypto liquidity conditions.
Impact level
● High
Affected assets
BTC/USDT+0.69%
AI Insight · BTC/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Gold Finance reports that CoinShares on September 29 published its biweekly digital asset summary. The firm said global digital asset investment products recorded about $3.55 billion of net inflows last week, the largest weekly intake so far this year, lifting assets under management to roughly $173 billion.
Bitcoin accounted for $2.52 billion of inflows. Ethereum and Solana took in $702 million and $193 million, respectively, while XRP posted $923 million.
In the U.S., spot Bitcoin ETFs attracted $2.39 billion last week and Ethereum ETFs drew $690 million. Both categories extended their streak to five straight days of net inflows.
Over the same period, Bitcoin rebounded from around $75,000 in mid-September, climbed above $87,000 on September 23, then eased back to about $84,000. The report also cited the Federal Reserve's 25-basis-point rate hike on September 16, which lifted the target range to 3.75%–4.00%.
