Global digital asset funds have experienced net inflows for five consecutive weeks, with a scale of inflow reaching $737 million last Friday alone.

Last week, global digital asset funds recorded an inflow of $117.8 million, continuing the fifth consecutive week of capital growth.

Although this round of net capital injection was the smallest weekly increase during this period, the overall capital inflow indicates a late-stage market recovery trend.

Specifically, from Monday to Thursday last week, the market experienced four consecutive days of capital outflows totaling $619 million. However, on Friday, there was a strong reversal, with a single-day inflow of $737 million, successfully reversing the week's capital outflow.

CoinShares stated that this was the largest single-day capital inflow since 2026, "possibly reflecting a significant improvement in market risk appetite." Meanwhile, the total assets under management of digital asset funds remained stable at $155 billion.

In terms of asset classes, Bitcoin attracted over $192 million last week. Although this figure is still below the recent weekly average of nearly $1 billion, its total capital since the beginning of the year has reached $4.214 billion.

Multi-asset products saw a weekly inflow of $3.6 million, XRP also recorded a weekly capital inflow of $3 million. Conversely, short Bitcoin funds experienced a weekly inflow of $6 million, indicating that a small portion of investors still expect Bitcoin prices to decline.

Meanwhile, Ethereum faced an outflow of $81.6 million last week, ending a previous three-week rally exceeding $190 million. Solana followed closely, with weekly outflows exceeding $11 million.

From the country/region distribution perspective, the US market saw an inflow of $47.5 million last week, significantly lower than the $1.1 billion in the previous week, due to a slowdown in economic growth this week.

Secondly, the German and Canadian markets recorded net inflows of $43.8 million and $16 million respectively last week, indicating demand in these two countries is stabilizing.

In contrast, Switzerland and Australia experienced relatively small capital movements, with net inflows of $5.2 million and $4 million respectively.

It is worth noting that Bitcoin has also experienced a strong rally since May, breaking the $80,000 mark for the first time since January 31.

According to on-chain data, the correlation between Bitcoin and US stocks is rebounding to 2023 levels, indicating that its connection with risk assets is being rebuilt.

#Weekly Digital Asset Fund Report