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CoinShares: Last week, the inflow of funds into digital asset investment products was $572 million.
[CoinShares: Last week's inflow of digital asset investment products was $572 million] CoinShares' latest report shows that last week, digital asset investment products resumed inflows, totaling $572 million. At the beginning of this week, outflows reached $1 billion, which we believe is due to growth concerns triggered by weak U.S. employment data. However, in the latter half of this week, inflows reached $1.57 billion, which may have been stimulated by the U.S. government's announcement allowing the use of digital assets in 401(k) retirement plans. Ethereum ETP leads the market, attracting $268 million in inflows, making it the highest among all assets. This brings the year-to-date inflow to a new high of $8.2 billion, while the recent price increase has also pushed its total managed assets to a historic high of $32.6 billion, which has risen 82% so far this year. Bitcoin has rebounded after two consecutive weeks of outflows, with a total of $260 million flowing in last week, while the outflow for shorting Bitcoin was $4 million. The inflows for Solana, XRP, and Near were $21.8 million, $18.4 million, and $10.1 million respectively.