Digital asset funds see $1.9B net inflow last week

Digital asset investment products saw a net inflow of $1.9 billion last week, CoinShares announced. Bitcoin-related investment products attracted $977 million, while Ethereum-related products saw inflows of $772 million. Demand was also evident for Solana and XRP, which recorded inflows of $127.3 million and $69.4 million, respectively. The latest inflows bring the year-to-date total to $40.4 billion. CoinShares explained that the capital influx accelerated late in the week as the U.S. Federal Reserve cut interest rates.