CoinShares: Digital asset investment products saw a net inflow of $30 million last week

BlockBeats reported that on August 19, according to the latest weekly data from CoinShares, digital asset investment products saw a total inflow of $30 million last week. As recent macroeconomic data suggests that the Federal Reserve is less likely to cut interest rates by 50 basis points in September, weekly trading volume of investment products fell to $7.6 billion, close to 50% of the previous week.

Bitcoin saw the most significant inflows, totaling $42 million, while short Bitcoin ETFs saw outflows for the second consecutive week, totaling $1 million.

Ethereum saw an inflow of only $4.2 million last week; in addition, Solana saw a net outflow of $39 million due to a sharp drop in Meme coin trading volume, setting a record for the highest weekly outflow.