CoinShares: Digital asset investment products saw inflows of $533 million last week

According to CoinShares' latest weekly report, digital asset investment products saw a total inflow of $533 million last week, the largest inflow in five weeks. Bitcoin saw inflows of $543 million, with most of the inflows occurring on Friday after Jerome Powell made dovish comments indicating that Bitcoin is sensitive to interest rate expectations. Ethereum saw a total outflow of $36 million, but new issuers continued to see inflows, including $118 million in outflows from the Grayscale Ethereum Trust, offsetting this inflow. Blockchain stocks saw inflows for the third consecutive week, totaling $4.8 million.