Key Highlights:

• Last week, digital asset funds recorded inflows of $3.7 billion, marking the second-largest amount ever observed, according to the latest data from CoinShares.
• This inflow data is now only surpassed by the week ending December 6 of the previous year when over $4 billion was noted.
• Bitcoin products generated the bulk of these inflows, totaling $2.7 billion, which increased the total assets under management (AUM) to approximately $179.5 billion.

The trends observed during the week that ended on July 11 signify a resurgence in the crypto market, with combined products seeing a total AUM exceeding $200 billion for the first time, amounting to $211 billion overall.

Furthermore, U.S.-based products experienced the highest demand, totaling nearly $3.74 billion, while other regions, such as Germany and Sweden, faced outflows of $85.7 million and $15.7 million, respectively.

The significant inflow movement indicates a growing confidence in digital assets as traditional markets continue to experience volatility.