Volume 157: Digital Asset Fund Flows Weekly Report

ETP inflows push past the US$1bn mark this year, with US$293m inflows last week

• Digital asset investment products saw inflows totalling US$293m last week, bringing this 7-week run of inflows past the US$1bn mark.
• Bitcoin ETP trading volumes made up as much as 19.5% of total Bitcoin trading volumes, suggesting ETP investors are participating much more in this rally compared to 2020/21.
• Ethereum, saw its largest inflows since August 2022 of US$49m, with the last 2 weeks signifying a real turn around in sentiment.

Digital asset investment products saw inflows totalling US$293m last week, bringing this 7-week run of inflows past the US$1bn mark, leaving year to date inflows at US$1.14bn, making it the third highest yearly inflows on record. Total assets under management (AuM), as a result of these inflows and recent price appreciation, total assets under management have risen 9.6% over the last week and 99% since the beginning of the year. At US$44.3bn, total AuM is now the highest since the major crypto fund failures in May 2022.

Bitcoin ETP trading volumes made up as much as 19.5% of total Bitcoin trading volumes on trusted exchanges. This has rarely happened and suggests ETP investors are participating much more in this rally compared to 2020/21.

Bitcoin saw inflows totalling US$240m last week, pushing year-to-date inflows to US$1.08bn, while short-bitcoin saw US$7m outflows, indicative of continue positive sentiment.

Ethereum, saw its largest inflows since August 2022 of US$49m, with the last 2 weeks signifying a real turn around in sentiment, likely related to the recent spot-based ETF listing request in the US. Solana also saw further inflows totalling US$12m.

Blockchain equity ETFs saw US$US$14m, the largest since July 2022, bringing year-to-date flows to a positive position of US$11m.

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