Digital Asset Fund Inflows Soar, Pushing AuM to Record Peak

By: Isha Das

Global digital asset investment products saw record inflows last week, with a substantial total increase to $2.45 billion. This surge in investment has driven the assets under management (AuM) to an unprecedented peak since early 2022, with a current standing of $67 billion. The US spot ETF market played a significant role in this development, contributing $2.4 billion of last week's total inflows. Bitcoin, as usual, took the lion's share, claiming almost 98% of the total investment.CoinShares' weekly report reveals this trend, and also highlights the regional distribution of these inflows. While the US leads inflows, other regions, including Switzerland and Germany, reported significant gain, contrasting with minor outflows from Canada and Sweden.

Despite these significant inflows, not all sectors enjoyed the same success. Blockchain equities, for instance, showed a mixed bag, with notable outflows from funds such as the Amplify Transformational Data Sharing ETF (BLOK). However, the continued influx of capital into digital asset investment products, particularly Bitcoin, and the increasingly diverse geographical distribution of investment flows, underscore the rapidly maturing and complex nature of the crypto investment space.