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Digital asset investment products see fourth consecutive week of inflows, Solana leads altcoin inflows

According to CoinShares, digital asset investment products experienced net inflows of $66 million last week, marking the fourth consecutive week of inflows. The total inflows over the four-week period amounted to $179 million, bringing the total assets under management for fund managers like CoinShares, Bitwise, Grayscale, ProShares, and 21Shares to $33 billion. Despite the excitement over a spot bitcoin ETF launch in the US, the recent inflows are relatively low compared to June announcements. The analysts suggest that this may indicate investors adopting a more cautious approach this time. Solana captured the largest portion of altcoin inflows, with $15.5 million in inflows last week, making it the most popular altcoin this year so far.

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