CoinShares: Digital asset investment products saw net inflows of approximately $1 billion last week.
CoinFeed reported on March 2nd that, according to CoinShares' latest weekly report, digital asset investment products recorded a net inflow of approximately $1 billion last week, ending five consecutive weeks of net outflows totaling $4 billion. Regionally, the US saw inflows of approximately $957 million, while Canada, Germany, and Switzerland saw inflows of $34.1 million, $31.7 million, and $28.4 million, respectively. By asset class, Bitcoin received approximately $881 million in inflows, but short-Bitcoin products also recorded $3.7 million in inflows, reflecting continued market divergence. Ethereum saw inflows of $117 million, the highest since mid-January of this year, but both Bitcoin and Ethereum are still experiencing net outflows year-to-date.