Vol 46: Digital Asset Fund Flows Weekly

James Butterfill
Sep 13 · 2 min read

Week Ending 10 September: Solana remains a favourite amongst investors with inflows of almost US$50m

  • Digital asset investment products saw inflows totalling US$57m last week, posting their 4th week of inflows.
  • During last week’s price falls Solana’s price was a stalwart, outperforming a basket of the top 10 digital assets by 34%,having risen 24% week-on-week. This was reflected with inflows, dwarfing any other digital asset, totalling almostUS$50m.
  • Bitcoin remained flat for the week with a paltry US$0.2m of inflows, while Ethereum saw minor outflows totalling US$6.3m.

Digital asset investment products saw inflows totalling US$57m last week, posting their 4th week of inflows.Volumes in investment products have now risen 143% since their lows in early July to US$3.8bn. This rise in volumes and inflows indicates investors are now beginning to be more active following the seasonal summer doldrums.

During last week’s price falls Solana’s price was a stalwart, outperforming a basket of the top 10 digital assets by 34%,having risen 24% week-on-week. This was reflected with inflows, dwarfing any other digital asset, totalling almostUS$50m. A combination of price appreciation and inflows now brings Solana’s assets under management (AuM)toUS$97m, the 5th largest of all investment products.

Bitcoin remained flat for the week with a paltry US$0.2m of inflows, while Ethereum saw minor outflows totalling US$6.3m.

The trend of diversification remains intact amongst investors, with inflows into Cardano, multi-asset,XRP and Polkadot totalling US$3.5m, US$3.2m, US$3.1 and US$1.7m respectively.

Find the full report here: https://coinshares.com/research/digital-asset-fund-flows