Digital asset funds see $1.06B inflow last week

Digital asset investment products saw a total net inflow of $1.06 billion last week, marking the third consecutive week of inflows, CoinShares reported in its weekly fund flow report. CoinShares suggested this indicates that digital assets are being perceived as a relatively safe haven compared to other assets amid the war originating from Iran. Bitcoin investment products attracted $793 million in net inflows, while Ethereum products saw $315 million. However, XRP products experienced a net outflow of $76 million, marking the second straight week of outflows.