Last week, digital asset investment products saw a net inflow of $226 million, with Altcoin seeing their first inflow in five weeks

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On March 31, according to the latest weekly report from CoinShares, digital asset investment products saw an inflow of $226 million last week, with Bitcoin attracting $195 million, and Altcoins experiencing a total inflow of $33 million, following four consecutive weeks of outflows totaling $1.7 billion. The main beneficiaries were Ethereum, Solana, XRP, and Sui, with inflows of $14.5 million, $7.8 million, $4.8 million, and $4 million, respectively.

Regional data shows that all major regions experienced capital inflows last week, with the most notable being the United States, Switzerland, and Germany, with inflows of $204 million, $14.7 million, and $9.2 million, respectively. Hong Kong ($2.1 million) and Brazil ($1.3 million) saw slight capital outflows.

Recent price declines have led to a drop in the total managed assets of global Bitcoin ETPs to their lowest level since the US election, at $114 billion.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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