Digital asset funds see third consecutive week of inflows, trading volumes muted

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Digital asset funds see third consecutive week of inflows, trading volumes muted
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Digital asset investment products saw a third week of inflows with more than $15 million invested into various products, led by Bitcoin and Solana.

- Digital asset investment products extended their streak of inflows last week, albeit at a slower pace, as the total assets under management of globally listed products increased by more than $15 million the week ending Oct. 13.

CoinShares noted that the data, which was measured as of Friday’s close, “was unlikely to capture the positive news out of the US regarding the SEC not appealing the Grayscale legal challenge, potentially paving the way for a spot-based ETF in the US.”There continues to be a notable regional difference for digital asset investment products, with products listed in Europe accounting for the majority of inflows while those in the U.S. saw minimal inflows.

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