CoinShares: Digital asset investment products saw a net inflow of $619 million last week

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Deep Tide TechFlow News, March 9th, according to the latest weekly report from CoinShares Research, despite rising oil prices due to the Iran geopolitical crisis, digital asset investment products still saw a net inflow of $619 million last week, indicating overall market sentiment remains resilient.

In terms of timing, the first three days of the week experienced strong inflows, totaling $1.44 billion, but on Thursday and Friday, influenced by rising oil prices, there was an outflow of $829 million. Even with the non-farm payrolls data significantly below expectations that week, the downward trend was not reversed.

Regionally, the United States was almost the only positive driver, with $646 million inflowing; Europe, Asia, and Canada saw small outflows of $23.8 million, $2.2 million, and $3.6 million respectively.

In terms of assets, Bitcoin dominated with $521 million inflow, but at the same time, short Bitcoin products also saw an inflow of $11.4 million, indicating divided investor opinions; Ethereum saw an inflow of $88.5 million, Solana $14.6 million; XRP, on the other hand, experienced an outflow of $30.3 million against the trend.

BTC2,43%
ETH4,34%
SOL4,55%
XRP1,33%
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