PANews reported on June 9 that according to the latest weekly report from CoinShares, digital asset investment products received $286 million in inflows last week, pushing the total inflow for seven consecutive weeks to $11 billion. However, due to the uncertainty of the U.S. Federal Reserve's policy, the inflow rate has slowed down, and investors generally take a wait-and-see attitude.
Ethereum performed strongly, with $296.4 million inflows last week, the seventh consecutive week of inflows, totaling $1.5 billion, accounting for 10.5% of total assets under management, and the best performance since the US election last year. In contrast, Bitcoin saw outflows for the second consecutive week, totaling $56.5 million, and short Bitcoin products also suffered outflows.
As for other crypto assets, Sui attracted a small inflow of $1.1 million, while XRP saw outflows for the third consecutive week, totaling $6.6 million. Overall, altcoin market activity was relatively sluggish.