Last week, the digital asset sector saw a net inflow of $572 million, with Ethereum ETP leading the market.

On August 11, according to CoinShares' latest weekly report, digital asset investment products saw a return of inflows last week, totaling $572 million. At the beginning of this week, outflows reached $1 billion, likely due to concerns over weak U.S. employment data affecting growth. However, in the latter half of this week, inflows reached $1.57 billion, possibly stimulated by the U.S. government's announcement allowing the use of digital assets in 401(k) retirement plans. The trading volume of digital asset ETPs fell by 23% week-on-week, which may be attributed to lighter summer trading. Regionally, inflows from the U.S. and Canada were $608 million and $16.5 million, respectively, while Europe remained bearish, with outflows from Germany, Sweden, and Switzerland totaling $54.3 million. Ethereum ETP led the market, attracting inflows of $268 million, making it the highest among all assets. This brought the year-to-date inflow to a new high of $8.2 billion, and the recent price rise also pushed its total assets under management to a historic high of $32.6 billion, representing an increase of 82% year-to-date. Bitcoin rebounded after two consecutive weeks of outflows, with total inflows last week amounting to $26 million, while the outflow for shorting Bitcoin was $4 million. Inflows for Solana, XRP, and Near were $21.8 million, $18.4 million, and $10.1 million, respectively.