CoinShares: Net inflows into digital asset investment products slowed to $230 million last week

According to CoinShares' latest weekly report, influenced by the Federal Reserve meeting being interpreted as "hawkish hold," net inflows into digital asset investment products slowed to $230 million last week. In the two days prior to the FOMC meeting, there was a total inflow of $635 million, followed by an outflow of $405 million after the meeting. Overall, all regions still recorded net inflows, with the United States seeing an inflow of $153 million, and Germany and Switzerland recording inflows of $30.2 million and $27.5 million, respectively.

Bitcoin products saw inflows of $219 million, but short Bitcoin products still had inflows of $6 million, indicating a growing divergence between bulls and bears. Solana recorded net inflows for the seventh consecutive week, amounting to $17 million this week, bringing the total to $136 million; Ethereum, after three weeks of inflows, experienced a net outflow of $27.5 million this week, while Chainlink and Hyperliquid recorded inflows of $4.6 million and $4.5 million, respectively.