##  [# Digital Assets See 4th Straight Week of Inflows](/sections/bitcoin-crypto/digital-assets-see-4th-straight-week-inflows) 

 

# Digital Assets See 4th Straight Week of Inflows

 

 

 Improving investor sentiment brings year-to-date inflows to $230 million.



 

 

 

 

 [![JamesButterfill310x310](/sites/default/files/styles/author_image_icon/public/2023-08/JamesButterfill310x310.png?itok=uNqgiAyR)](/contributors/james-butterfill) 

[By James Butterfill](/contributors/james-butterfill)

 Feb 06, 2023

 Edited by: James Butterfill

 

 

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**Takeaways**

- Digital asset investment products saw inflows totalling US$76m last week, the 4th consecutive week of inflows with year-to-date inflows now at US$230m, highlighting a decisive change in investor sentiment for the beginning of 2023.
- Bitcoin continues to be the primary investor focus, with inflows totalling US$69m, representing 90% of the total flows for the week.
- Despite the improving clarity around unstaking, Ethereum saw only US$0.7m of inflows.

![](/sites/default/files/images/charts/DA4thStWeek_1.png)

![](/sites/default/files/images/charts/DA4thStWeek_Table1.png)

![](/sites/default/files/images/charts/DA4thStWeek_Table2.png)

Digital asset investment products saw inflows totalling US$76m last week, the 4th consecutive week of inflows with year-to-date inflows now at US$230m, highlighting a decisive change in investor sentiment for the beginning of 2023. Total investment assets under management (AuM) have risen 39% year-to-date and are now US$30.3bn, the highest since mid-August 2022. Regionally, inflows were focussed on the US, Canada and Germany, with inflows of US$38m, US$25m and US$24m respectively.

Bitcoin continues to be the primary investor focus, with inflows totalling US$69m, representing 90% of the total flows for the week. The rest of the inflows were from short-Bitcoin which totalled US$8.2m over the same period, highlighting opinion remains divided over the sustainability of this rally. While the short-bitcoin inflows remain relatively small in comparison to the long-bitcoin inflows, the last 3 weeks’ inflows total US$38m, representing 26% of total AuM. So from a relative scaling perspective are meaningful, although this trade so far hasn’t worked well year to date with total short-bitcoin AuM having fallen by 9.2%.

Altcoins saw minor inflows into Solana (US$0.5m), Cardano (US$0.6m) and Polygon (US$0.3m), while Polygon saw outflows of US$0.5m). Despite the improving clarity around unstaking, Ethereum saw only US$0.7m of inflows.

![](/sites/default/files/images/charts/DA4thStWeek_2.png)

![](/sites/default/files/images/charts/DA4thStWeek_3.png)

![](/sites/default/files/images/charts/DA4thStWeek_4.png)

![](/sites/default/files/images/charts/DA4thStWeek_5.png)

![](/sites/default/files/images/charts/DA4thStWeek_6.png)

![](/sites/default/files/images/charts/DA4thStWeek_7.png)

*Contact James Butterfill at [research@coinshares.com](mailto:research@coinshares.com "Follow link")*



 

 

 [ James Butterfill Head of Research and Investment Strategy ](/contributors/james-butterfill) 

 

 

  James Butterfill has over 19 years of experience in fund management, investment banking, economics and asset allocation, gained most recently as an…   [View Bio](/contributors/james-butterfill)

 



 

 


 Related Topics  [Crypto](http://www.etf.com/topics/cryptocurrency) 

 [Bitcoin](http://www.etf.com/topics/bitcoin)