US Leads $1.35B Weekly Surge in Digital Asset Inflows — CoinShares

CoinShares reports a significant $1.35 billion inflow into digital asset investment products over the past week. This article examines the regional contributions and the shift in market sentiment driving these inflows.

Points

• $1.35 billion inflow into digital assets in the last week.
• The US leads with $1.3 billion of the total inflows.
• Short-Bitcoin products see outflows, indicating bullish sentiment.
• Ether and Solana also attract substantial investments.

Significant Inflow into Digital Assets

CoinShares has reported a substantial $1.35 billion inflow into digital asset investment products over the past seven days, bringing the total inflows for the last three weeks to $3.2 billion. This surge reflects growing investor confidence in the digital asset market.

Regional Contributions

The United States led the charge, contributing $1.3 billion of the total inflows. Switzerland followed with $66 million, while Brazil and Hong Kong experienced outflows of $5.2 million and $1.9 million, respectively. This regional disparity highlights different investment strategies and sentiments across global markets.

Shift in Market Sentiment

The report indicates a positive sentiment shift since the Bitcoin halving event in April. Short-Bitcoin products saw outflows of $1.9 million, adding to the $44 million in total outflows since March. This suggests a growing bullish sentiment as investors move away from short positions. Ether （ETH） also performed well, attracting $45 million in inflows, while Solana （SOL） saw $9.6 million, bringing its year-to-date inflows to $71 million.

BlackRock’s Milestone

On July 15, BlackRock, the world’s largest asset manager, reported a record $10.6 trillion in assets under management （AUM）. This milestone was partly due to the surge in ETF inflows in Q1, driven by private markets and retail investors. BlackRock’s growth underscores the increasing mainstream acceptance and integration of digital assets.

Conclusion

The significant inflow into digital assets, led by the United States, reflects a bullish market sentiment. As major players like BlackRock continue to integrate digital assets into their portfolios, the market is poised for further growth and mainstream adoption.