Digital asset investment products pulled in $1.4 billion last week, their strongest weekly haul since January and the third consecutive week of positive flows, according to CoinShares’ new report.
The result was driven by recovering risk sentiment tied to US-Iran ceasefire extension talks and Bitcoin’s mid-week move above $76,000, its highest level since February, the report notes.
Total assets under management reached $155 billion, with weekly flows representing 0.91% of AUM, the highest weekly intensity recorded year-to-date.
March CPI data, which came in at 3.3% year-on-year with a benign core reading of 2.6%, appeared to have little dampening effect on investor appetite.
