PANews reported on May 20 that according to the latest weekly data from CoinShares, digital asset investment products saw inflows for the second consecutive week, totaling $932 million. This inflow was mainly influenced by the CPI report, with the last three trading days accounting for 89% of the total flow. The U.S. market dominated this inflow, totaling $1.002 billion. Grayscale, which had experienced outflows of $16.6 billion since the launch of its ETF in January, also saw a small inflow for the first time, totaling $18 million. Bitcoin saw an inflow of $942 million, indicating investor optimism about its prospects. Various altcoins also experienced inflows, with Solana, Chainlink, and Cardano receiving $4.9 million, $3.7 million, and $1.9 million respectively. In contrast, Ethereum continued to see outflows of $23 million this week due to poor prospects for SEC approval of a spot ETF. Additionally, blockchain stocks continued to experience outflows, with only six weeks of inflows this year, and a total outflow of $512 million year-to-date.
CoinShares: Digital Asset Investment Products Saw Net Inflows of $932 Million Last Week
PANews2024/05/20 11:16
Show original
By:PANews
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Chainlink ETFs see zero outflows since December – What it means for LINK?
AMBCrypto•2026/03/01 14:03

Flare CEO: We Can Get to 5 Billion XRP By the Middle of 2026
TimesTabloid•2026/03/01 14:03
SaaS in, SaaS out: Here’s what’s driving the SaaSpocalypse
101 finance•2026/03/01 14:03
Here is the intriguing puzzle behind Nvidia's stock
101 finance•2026/03/01 13:34

Trending news
MoreCrypto prices
MoreBitcoin
BTC
$67,292.41
+3.74%
Ethereum
ETH
$2,025.68
+6.93%
Tether USDt
USDT
$1
+0.00%
BNB
BNB
$627.97
+4.42%
XRP
XRP
$1.39
+4.52%
USDC
USDC
$1
+0.02%
Solana
SOL
$86.55
+7.37%
TRON
TRX
$0.2821
+0.77%
Dogecoin
DOGE
$0.09488
+4.34%
Cardano
ADA
$0.2817
+4.92%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now