Digital asset funds see $117.8M inflow, marking 5th straight week

Digital asset investment products saw a net inflow of $117.8 million last week, marking the fifth consecutive week of inflows, CoinShares reported in its weekly fund flow report. Total assets under management (AUM) rose to $155 billion, though this remains below the $263 billion recorded in October of last year. Bitcoin products attracted $192.1 million in net inflows, while Ethereum products experienced an outflow of $81.6 million. CoinShares noted that risk-on sentiment is improving rapidly.