CoinShares: Last week, net inflows into digital asset investment products were $644 million

ChainCatcher news, according to CoinShares' latest weekly report, the cryptocurrency market has regained optimism, with inflows breaking a consecutive five-week outflow trend, totaling $644 million.

Bitcoin led the recovery, attracting $724 million in inflows, while Ethereum faced the most significant outflow, with $86 million leaving. Solana saw inflows of $6.4 million, and the increases for Polygon and Chainlink were more moderate. Other notable outflows from altcoins included Sui ($1.3 million), Polkadot ($1.3 million), Tron ($950,000), and Algorand ($820,000).

Most of the inflows came from the United States, amounting to $632 million. However, optimism was widespread, with Switzerland, Germany, and Hong Kong recording inflows of $15.9 million, $13.9 million, and $1.2 million, respectively.