TLDR
- Weekly net inflows for digital asset investment products reached 619 million dollars, based on CoinShares data.
- The figures represent the second week running with positive flows following five consecutive weeks of outflows.
- Funds based in the United States contributed 646 million dollars to the weekly inflow total.
- Investment products tracking Bitcoin captured 521 million dollars in weekly allocations.
- Short Bitcoin vehicles drew 11.4 million dollars from investors seeking hedging strategies.
Investment products focused on digital assets recorded $619 million in net inflows during the past week, based on CoinShares analysis. The figures marked a continuation of positive flows for a second consecutive week following an earlier period of withdrawals. Bitcoin-based products secured the majority of capital inflows, with United States-based vehicles accounting for nearly all regional investment activity.
Digital Asset Funds See $619 Million in Weekly Inflows Driven by US Demand
Global asset managers recorded $619 million in crypto ETP inflows for the week, according to CoinShares data. This followed approximately $1 billion in inflows the prior week. The combined two-week upturn reversed a five-week withdrawal trend.
Investor appetite remained strong early in the period before softening toward the end. Investment vehicles attracted $1.44 billion during the opening three trading days. Conversely, the same products experienced $829 million in withdrawals across Thursday and Friday.
James Butterfill, Head of Research at CoinShares, attributed the shift to oil market movements and inflation dynamics. He noted, “The rise in oil prices offset any potential decline in inflation.” Butterfill emphasized that aggregate flow metrics still indicated positive investor sentiment despite geopolitical tensions.
From a geographic perspective, funds domiciled in the United States generated $646 million in inflows. European products experienced $23.8 million in withdrawals. Meanwhile, Asian and Canadian funds posted outflows of $2.2 million and $3.6 million, respectively.
Spot exchange-traded fund activity mirrored the broader weekly patterns. Throughout the March 2 to March 6 period, spot bitcoin ETFs accumulated $568 million. Spot Ethereum and Solana ETFs contributed $23.6 million and $24 million, respectively.
Bitcoin Captures Majority of Capital While Ethereum and Solana Gain Traction
Investment vehicles tracking Bitcoin pulled in $521 million throughout the reporting window. These allocations comprised the dominant portion of total weekly inflows. Meanwhile, short-bitcoin products garnered $11.4 million from investors implementing hedge strategies.
Ethereum-focused products captured $88.5 million in weekly capital flows. Solana-based investment vehicles added $14.6 million in fresh allocations. Smaller products linked to Uniswap and Chainlink each attracted approximately $1.4 million.
XRP-tracking products experienced $30.3 million in outflows throughout the week. These withdrawals represented the sole major category posting net losses. Spot XRP ETFs similarly reported slightly over $4 million in outflows.
Bitcoin prices held above $68,000 throughout the reporting timeframe. The cryptocurrency registered a weekly appreciation of roughly 3%, based on The Block’s pricing data. Bitcoin remained under $70,000 after temporarily touching the mid-$70,000 zone.
CoinShares indicated that aggregate flow patterns demonstrated sustained institutional participation. The analytics firm released these findings in its most recent weekly digital asset fund report. The analysis encompassed global crypto investment products managed by industry leaders including BlackRock, Grayscale, and Bitwise.
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