PANews reported on May 19 that according to the latest weekly report from CoinShares, digital asset inflows reached $785 million last week, marking the fifth consecutive week of capital inflows. This has pushed the total amount year-to-date to $7.5 billion, fully recovering the outflows from February to March. The United States ($681 million), Germany ($86.3 million), and Hong Kong ($24.2 million) led the capital inflows, with Hong Kong recording its largest single-week inflow since November last year. Sweden ($16.3 million), Canada ($13.5 million), and Brazil ($3.9 million) experienced capital outflows.
Bitcoin maintained its lead with $557 million in inflows, though this slowed compared to the previous week. Short products recorded $5.8 million in inflows during the same period, reflecting cautious sentiment towards the Federal Reserve's hawkish stance. Ethereum was the highlight, with single-week inflows of $205 million, driven by the Pectra upgrade and management changes, bringing year-to-date inflows to $575 million. Solana was the only ETP product with capital outflows, with a slight net outflow of $890,000.
