##  [# Digital Assets See Largest Weekly Inflows Since July 2022](/sections/bitcoin-crypto/digital-assets-see-largest-weekly-inflows-july-2022) 

 

# Digital Assets See Largest Weekly Inflows Since July 2022

 

 

 The inflows totaled $160 million, a marked turnaround following six weeks of outflows.



 

 

 

 

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

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

 Mar 27, 2023

 Edited by: James Butterfill

 

 

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**Takeaways**

- Digital asset investment products saw inflows totalling US$160m, the largest since July 2022. A marked turnaround following 6 weeks of outflows that totalled US$408m
- Bitcoin was the primary beneficiary, seeing inflows of US$ 128m, and expressed recently by some of our clients as a safe haven for the first time.
- Although not all share this view as short-bitcoin also saw inflows of US$31m.

![](/sites/default/files/images/charts/DASLWIJuly2022_1.png)

![](/sites/default/files/images/charts/DASLWIJuly2022_Table1.png)

![](/sites/default/files/images/charts/DASLWIJuly2022_Table2.png)

Digital asset investment products saw inflows totalling US$160m, the largest since July 2022. A marked turnaround following 6 weeks of outflows that totalled US$408m. While the inflows came relatively late compared to the broader crypto market, we believe it is due to increasing fears amongst investors for stability in the traditional finance sector.

The inflows came from many countries, suggesting a broad improvement in sentiment in the asset class. The most notable of which came from the US, Germany and Canada with inflows of US$69m, US$58m and US$26m respectively.

Bitcoin was the primary beneficiary, seeing inflows of US$ 128m, and expressed recently by some of our clients as a safe haven for the first time. Although not all share this view as short-bitcoin also saw inflows of US$31m, remaining the investment product with the most inflows this year so far, but not the best performing from a price perspective.

Ethereum suffered outflows of US$5.2m last week, its 3rd consecutive week to do so. We believe investor jitters around the Shanghai upgrade (expected 12th April) are the most likely reason.

A broad set of altcoins saw inflows, most notable were Solana, Polygon and XRP with US$4.8m, US$1.9m and US$1.2m respectively.

![](/sites/default/files/images/charts/DASLWIJuly2022_2.png)

![](/sites/default/files/images/charts/DASLWIJuly2022_3.png)

![](/sites/default/files/images/charts/DASLWIJuly2022_4.png)

![](/sites/default/files/images/charts/DASLWIJuly2022_5.png)

![](/sites/default/files/images/charts/DASLWIJuly2022_6.png)

![](/sites/default/files/images/charts/DASLWIJuly2022_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  [Bitcoin](http://www.etf.com/topics/bitcoin) 

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