CoinShares: Net inflows of $1.2 billion into digital asset investment products last week

CoinFeed reported on April 27th that, according to CoinShares' weekly report, digital asset investment products recorded $1.2 billion in inflows last week, marking the fourth consecutive week of net inflows. Total assets under management rose to $155 billion, the highest level since February 1st. Bitcoin saw inflows of $933 million, bringing the year-to-date inflow to $4 billion; Ethereum saw inflows of $192 million, maintaining a level above $190 million for the third consecutive week; and short-Bitcoin products saw inflows of $16.5 million. Blockchain stock ETFs saw a record inflow of $617 million over the past three weeks. The US saw inflows of $1.1 billion, Germany saw inflows of $61.7 million, and Switzerland reversed last week's outflows, recording an inflow of $35.2 million.