Digital asset funds see $230M net inflow last week

Digital asset investment products saw a total net inflow of $230 million last week, marking the fourth consecutive week of inflows, according to the latest weekly fund flow report from CoinShares. Bitcoin led the activity with $219 million in inflows, while Ethereum (ETH) experienced a net outflow of $27.5 million. Additionally, Solana (SOL), Chainlink (LINK), and Hyperliquid (HYPE) also recorded net inflows. By country, the United States led the inflows. CoinShares explained that investor sentiment appears to have weakened after the U.S. interest rate decision and FOMC meeting, as the market interpreted the Federal Reserve's stance as a hawkish hold. The firm noted that while strong inflows were observed at the beginning of the week, outflows occurred following the FOMC announcement.