Digital asset funds see $857.9M net inflow last week

Digital asset investment products saw a net inflow of $857.9 million last week, marking the sixth consecutive week of inflows, CoinShares reported in its weekly fund flow report. This brought the total assets under management (AUM) for these products to $160 billion. Bitcoin products led the inflows with $706.1 million, followed by Ethereum at $77.1 million, Solana at $47.6 million, and XRP at $39.6 million. Conversely, short Bitcoin products, which bet on a price decline, experienced a net outflow of $14.4 million, the largest this year. CoinShares attributed the improved market sentiment to the potential passage of the U.S. CLARITY Act.