Key Insights:
Digital asset investment products recorded $3.3 billion in weekly inflows from Sept. 8 to 12.
Bitcoin ETPs led with $2.4 billion inflows while Ethereum ended an eight-day outflow streak.
Total assets under management reached $239 billion, approaching August’s all-time highs.
Digital asset exchange-traded products (ETPs) experienced their strongest weekly performance in months, attracting $3.3 billion in net inflows during the Sept. 8-12 period.
CoinShares reported that the surge followed weaker-than-expected US macroeconomic data that boosted investor appetite for crypto assets.
Total assets under management for crypto ETPs climbed to $239 billion by week’s end, marking the highest level since early August’s record $244 billion peak. The influx represented a sharp reversal from recent outflow trends that had pressured the sector.
Crypto ETPs weekly inflows during Sept. 8-12 | Source: CoinShares
Bitcoin ETF Drive Market Recovery
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