Research Summary
The Digital Asset Fund Flows Weekly Report reveals that digital asset investment products experienced inflows of US$136 million last week. This marks a full correction of the prior 9 weeks of outflows, bringing the total inflows over the last three weeks to US$470 million. Bitcoin remains the primary focus for investors, with inflows of US$133 million. However, trading turnover has slowed, possibly due to seasonal effects. Ethereum saw inflows of US$2.9 million, but remains in a negative net flow position year-to-date. Blockchain equities saw the largest inflows for a year, totalling US$15 million.
Actionable Insights
- Bitcoin Dominates: Bitcoin continues to be the primary focus for investors, with inflows of US$133 million last week.
- Seasonal Slowdown: Trading turnover has slowed, potentially due to seasonal effects typically seen in July and August.
- Ethereum Struggles: Despite inflows of US$2.9 million, Ethereum remains in a negative net flow position year-to-date.
- Blockchain Equities Surge: Blockchain equities experienced the largest inflows for a year, totalling US$15 million.
