CoinShares: Total inflows into digital asset investment products last week were $30 million

According to the latest weekly report data from CoinShares, last week saw less inflow of funds into digital asset investment products, totaling $30 million, as recent macroeconomic data suggests a lower likelihood of a 50 basis point rate cut by the Federal Reserve in September. The weekly trading volume of investment products dropped by nearly 50% from the previous week to $7.6 billion. Bitcoin saw the most significant inflow, totaling $42 million, while bearish Bitcoin ETFs saw outflows for the second consecutive week, totaling $1 million. Ethereum had an inflow of only $4.2 million. The outflow of funds from Solana reached $39 million, the largest outflow in history, as it heavily relies on memecoin trading volume, which has sharply declined. From a regional perspective, the inflow situation varies, with the United States, Canada, and Brazil seeing inflows of $62 million, $9.2 million, and $7.2 million respectively, while Switzerland and Hong Kong saw the most significant outflows, totaling $30 million and $14 million respectively.