PANews reported on January 13 that according to the latest weekly data from CoinShares, the inflow of digital asset investment products rose slightly last week to $48 million. Although the inflow in the first half of the week was close to $1 billion, the release of new macroeconomic data and the minutes of the Federal Reserve meeting led to an outflow of $940 million in the second half of the week. This shows that the honeymoon period after the US election has ended, and macroeconomic data has once again become the main driver of asset prices.
Last week, Bitcoin saw inflows totaling $214 million, and despite seeing its largest outflows relative to other digital assets later in the week, it remains the best performing asset with $799 million in inflows year to date. Ethereum suffered the most losses last week, with $256 million in outflows, likely due to a broader tech sell-off rather than any specific issues with the asset. In contrast, Solana did not experience the same pressure, attracting $15 million in inflows. XRP saw inflows of up to $41 million last week, again driven primarily by political and legal factors, with inflows indicating increased optimism ahead of the January 15 SEC appeal deadline. Despite their poor price performance, altcoins have seen inflows, most notably Aave, Stellar, and Polkadot, which saw inflows of $2.9 million, $2.7 million, and $1.6 million, respectively.

