Digital asset investment products attracted a hefty $3.3 billion last week

This strong run has pushed net inflows for the year-to-date to a new record high of $10.8 billion. Meanwhile, total assets under management (AuM) in these products also climbed to a new all-time high of $187.5 billion

Digital asset investment products enticed fresh capital for the sixth straight week, attracting a hefty $3.3 billion in the seven days to August 10, continuing the strong run of institutional flows into the market.

According to data from digital asset management firm CoinShares, these funds also saw net inflows of $10.8 billion in the year-to-date, setting a new all-time high. Meanwhile, total assets under management (AuM) in these products climbed to a new all-time high of $187.5 billion in the last week, further indicating growing engagement with digital assets.

According to CoinShares’ latest report, growing concerns about the U.S. economy, especially following Moody’s credit rating downgrade and the resulting spike in treasury yields, have prompted investors to seek diversification through digital assets.

The United States dominated inflows, with fresh capital of $3.2 billion flowing into digital asset investment products in the week.

Bitcoin and Ethereum Lead Inflows as XRP’s Streak Ends

Bitcoin (BTC) received the largest share of investment, with $2.9 billion entering the market in the seven days to August 10. These funds make up roughly 25% of total inflows in 2024.

With Bitcoin trading above the $111,800 mark, many investors have added more to their portfolios. At the same time, some investors took advantage of Bitcoin’s growth by investing in short Bitcoin products, which saw the highest weekly inflow since December 2024.

Ethereum followed with $326 million in inflows, marking the fifth week of capital gains and the largest week of inflows in the last 15 weeks. The sustained interest results from improving market sentiment towards the token and the ecosystem developments.

On the other hand, last week’s outflow of $37.2 million ended XRP’s 80-week inflow streak. This outflow is the largest in XRP’s history and breaks the streak of continuous inflows the token saw since early 2024.

Global Capital Flows Show Mixed Trends

Outside the U.S., capital transfers in other markets showed mixed results. Inflows into Germany, Australia, and Hong Kong amounted to $41.5 million, $10.9 million and $33.3 million, respectively. Although these numbers are less than those in the U.S., they still reflect international investors’ participation.

Investors in Switzerland took advantage of recent price rises resulting in withdrawals of $16.6 million in the last week. Similarly, Sweden saw outflows of $12.1 million while Brazil recorded $1.9 million outflows. The rising trends highlight investors’ profit-taking or portfolio rebalancing amid the rise in digital asset prices.

Commenting on the latest trends, James Butterfill, CoinShares’ Head of Research noted that uncertainty in the U.S. economy has led investors to seek alternative assets.

“We believe that growing concerns over the U.S.

's economy, driven by the Moody’s downgrade and the resulting spike in treasury yields, have prompted investors to seek diversification through digital assets,” said Butterfill.

The figures underscore investors’ ongoing interest in digital asset investment products as macroeconomic trends shift. Despite some outflows from XRP, investors still have confidence in Bitcoin and Ethereum since these major cryptocurrencies are leading the inflows.