Solana Leads Digital Asset Inflows Solana remains the favorite, with weekly inflows totaling US$13.2 million last week, doubling its total inflows year-to-date. James Butterfill | Head of Research and Investment Strategy | Sep 07, 2021 Reviewed by: James Butterfill , Edited by: James Butterfill View Bio Follow Author Takeaways Digital asset investment products saw inflows totalling US$69m last week. For the third consecutive week we have seen inflows totalling US$110m. Bitcoin saw inflows totalling US$32m, marking a potential turnaround in sentiment amongst investors. Solana remains the favourite with weekly inflows totalling US$13.2m last week, doubling its total inflows year-to-date. Ethereum saw a third week of inflows totalling US$12.4m, while market share is at a record 28%. (For a larger view, click on the image above) Digital asset investment products saw inflows totalling US$69m last week. For the third consecutive week we have seen inflows totalling US$110m suggesting improving investor sentiment. Inflows were seen across all digital assets although altcoins, on an assets under management (AuM) weighted basis, remain the favourite amongst investors. Altcoin market share is now a record 35% of investment products. Bitcoin saw inflows totalling US$32m, marking a potential turnaround in sentiment amongst investors. This is the first inflows following an 8-week spell of outflows, the longest endured by any digital asset investment product. Solana remains the favourite with weekly inflows totalling US$13.2m last week, doubling its total inflows year-to-date. While AuM has grown from US$15m the previous week to US$44m last week. Ethereum saw a third week of inflows totalling US$12.4m, while market share is at a record 28%, highlighting that while some investors have protocol concerns, its dominance it continuing to rise. Other altcoins, such as Cardano, Polkadot and Ripple all saw notable inflows of US$6.5m, US$2.7m and US$1.2m respectively. (For a larger view, click on the image above) (For a larger view, click on the image above) (For a larger view, click on the image above) (For a larger view, click on the image above) (For a larger view, click on the image above) (For a larger view, click on the image above) Contact James Butterfill at [email protected] James Butterfill James Butterfill has over 19 years of experience in fund management, investment banking, economics and asset allocation, gained most recently as an investment strategist at CoinShares. Previously, he was head of research at ETF Securities, with prior experience as a multi-asset fund manager and investment strategist at Coutts & Co., HSBC & ING Barings. James is a regular media commentator, and frequently appears on Bloomberg TV, CNBC, BBC and other broadcast outlets. Investment Week awarded him best ETF Eesearch and best FX Research in 2016 and 2017, respectively. James is currently an investment strategist at CoinShares, writing research white papers on investment themes, identifying investment opportunities and helping investors understand the digital asset world. View Bio Follow Author
