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Coinshares: Digital assets had net inflows of $2.48 billion last week, with total inflows of $4.37 billion in August
According to Foresight News, CoinShares released its latest weekly report, digital asset inflows last week brought inflows of $2.48 billion, bringing inflows in August to $4.37 billion, and year-to-date inflows to $35.5 billion, but asset management scale fell 10% to $219 billion.
The U.S. led the way with $2.29 billion outflows, while outflows in Switzerland, Germany and Canada also showed growth, indicating Friday’s outflows were simply profit-taking.
Ethereum led Bitcoin’s $748 million with $1.4 billion; in August, Ethereum increased $3.95 billion while Bitcoin lost $301 million, while Solana and XRP were driven by optimism from U.S. ETFs.
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