Digital asset inflows hit $901 million last week, led by Bitcoin with $920 million.
Solana saw four consecutive weeks of inflows, signaling growing investor interest.
Ethereum and Cardano recorded outflows, reflecting cautious sentiment among investors.
Digital asset investment products saw a net inflow of $901 million last week, according to a CoinShares report. This inflow represents 12% of total assets under management (AUM) this month, making October the fourth-strongest month for digital asset inflows.
Bitcoin led the inflows with $920 million. Year-to-date Bitcoin inflows have reached $25.5 billion, the highest among all assets, demonstrating Bitcoin’s popularity among investors.
NEW: Solana saw $10.8M in net inflows from digital asset investment products, marking its fourth consecutive week of inflows.
Bitcoin led with $920M in inflows, while Ethereum and Cardano were the only assets to record outflows.
Source: @CoinSharesCo pic.twitter.com/GYFqy5nqhZ
— SolanaFloor (@SolanaFloor) October 28, 2024
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