Digital asset funds see $1.1B net inflow, largest since January

Digital asset investment products saw a net inflow of $1.1 billion last week, marking the second consecutive week of inflows and the largest weekly total since January, CoinShares reported in its weekly fund flow report. Bitcoin attracted $870 million in net inflows, while Ethereum saw $190 million. CoinShares attributed the trend to a recovery in risk-on sentiment, driven by a ceasefire agreement between the U.S. and Iran and a lower-than-expected U.S. Consumer Price Index (CPI) reading. However, the firm noted that demand for downside hedging also persists, as short Bitcoin products saw inflows of $20.2 million, the largest amount since November 2024.