First Inflows For Ether Funds After 10 Weeks
Ethereum finally broke its nine-week spell of outflows with inflows totaling $21 million.
Takeaways
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Digital asset investment products saw inflows totalling US$75m last week, with the last 4 week run of inflows totalling US$209m, representing 0.4% of total assets under management (AuM). The inflows remain relatively minor in comparison to the inflows seen in Q4 2021. There are some regional variances, with US$5.5m of outflows in the Americas and US$80.7m of inflows into European investment products.
Bitcoin saw inflows totalling US$25m last week, marking a 4-week run of inflows, with the aforementioned regional variances focussing on Bitcoin.
Ethereum finally broke its 9-week spell of outflows with inflows totalling US$21m last week.
Multi-asset (coin) investment products remain popular with inflows totalling US$19m last week, while Solana and Ripple saw inflows totalling US$3.1m and US$2m respectively.
Recently created altcoin investment products, Terra, Tezos and Cosmos all saw inflows totalling US$2.2m, US$0.9m and US$0.6m respectively.
Blockchain equity investment products saw the largest flows since mid-December with inflows totalling US$69m last week.
Contact James Butterfill at [email protected]
