Crypto Blog
Market sentiment has experienced a significant upturn, with a noticeable trend in digital asset investment products attracting inflows for four consecutive weeks, accumulating a total of $66 million. This recent four-week streak of inflows has now reached $179 million.
CoinShares’ data suggest that Solana saw an additional $15.5 million inflows last week, pushing its year-to-date inflows to $74 million, representing 47% of total AuM. CoinShares said this discrepancy suggests that the more modest inflows this time, despite the positive developments stemming from the Grayscale vs. SEC court ruling, reflect investors embracing a more cautious stance.
A significant 84% of these inflows were directed towards Bitcoin investment products, propelling the year-to-date total to $315 million during the same period.
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