CoinShares: Last week, the total inflow of digital asset investment products was 30 million US dollars

PANews reported on August 19th that according to the latest weekly data from CoinShares, there was less inflow of funds into digital asset investment products last week, with a total of $30 million. This is due to recent macroeconomic data showing a smaller likelihood of the Federal Reserve cutting interest rates by 50 basis points in September. The weekly trading volume of investment products fell to nearly 50% of the previous week, at $7.6 billion. Bitcoin had the most significant inflow, totaling $42 million, while bearish Bitcoin ETFs saw outflows for the second consecutive week, totaling $1 million. Ethereum's fund inflows were only $4.2 million. Solana's outflow reached $39 million, marking its largest ever outflow as it heavily relies on memecoin whose trading volume has sharply declined. From a regional perspective, fund flows varied greatly; with inflows in the United States, Canada and Brazil reaching respectively: $62 million,$9.2million and$7 .2million , whereas Switzerland and Hong Kong experienced notable outflows amounting to respectively: $30million and$14million.