Coinshares’ latest report, led by head of research James Butterfill, shows a substantial increase in digital asset fund inflows.
Coinshares Digital Asset Fund Flows Report
According to the report, the U.S. saw record inflows, with investor activity reaching levels nearly three times higher than 2021’s peak. Digital asset investment products witnessed a dramatic inflow of $901 million in recent weeks, according to
Coinshares
‘ research. Butterfill reported that these inflows have pushed year-to-date totals to $27 billion, nearly tripling the 2021 high.
This activity marked the fourth-largest month for digital asset inflows on record, with the U.S. leading at $906 million. While
Germany
and
Switzerland
showed modest gains, smaller outflows were noted in Canada,
Brazil
, and Hong Kong, underscoring a varied global investment landscape. Coinshares’ report highlighted bitcoin (
BTC
) as the primary asset driving the surge, with $920 million in inflows.
Butterfill attributed this uptick to heightened interest from U.S. investors, likely influenced by political factors, specifically the Republican Party’s recent poll gains. Notably, short-bitcoin investment products, which typically balance inflows to
BTC
, saw minor outflows, deviating from expected patterns.
Ethereum
(
ETH
), in contrast, recorded the largest outflows among major digital assets, totaling $35 million, while solana (SOL) and blockchain equities showed positive inflows, adding $10.8 million and $12.2 million, respectively.
Butterfill’s analysis indicates that this trend in digital asset investments reflects broader sentiment shifts driven by
political developments
in the U.S. The Coinshares report suggests that investors are viewing these assets as a hedge or alternative investment, influenced by ongoing economic and political uncertainties. With inflows reaching 12% of total assets under management this month alone, digital assets continue to solidify their place in global portfolios.