Cointime

Download App
iOS & Android

Volume 173: Digital Asset Fund Flows Weekly Report

From CoinShares Research Blog by James Butterfill

Weekly flows break records with US$2.7bn inflow

  • Digital asset investment products saw record weekly inflows totalling US$2.7bn, bringing total inflow year-to-date to US$10.3bn, just shy of the record US$10.6bn inflows for the whole of 2021.
  • Bitcoin remained the focus of investors, seeing US$2.6bn inflows with year-to-date inflows now representing 14% of total AuM.
  • Solana, having endured a bout of negative sentiment saw US$24m inflows last week.

Digital asset investment products saw record weekly inflows totalling US$2.7bn, bringing total inflow year-to-date to US$10.3bn, just shy of the record US$10.6bn inflows for the whole of 2021. Weekly trading turnover reached US$43bn for the week, smashing last week’s record US$30bn. Recent price gains have pushed total assets under management (AuM) to a record high of US$94.4bn, having leapt 14% over the last week and rising 88% so far this year.

Regionally, the US saw US$2.8bn inflows, with Switzerland and Brazil following, seeing US$21m and US$18m inflows respectively. Canada, Germany and Switzerland all saw profit taking, with outflows of US$35m, US$77m and US$39m respectively.

Bitcoin remained the focus of investors, seeing US$2.6bn inflows with year-to-date inflows now representing 14% of total AuM. Despite recent price rises, the inflows into short bitcoin continue, seeing a further US$11m last week.

Solana, having endured a bout of negative sentiment saw US$24m inflows last week. Conversely, Ethereum, which is on a much better footing on year-to-date inflows saw minor outflows of US$2.1m last week. Other notable inflows were Polkadot, Fantom, Chainlink and Uniswap, seeing US$2.7m, US$2m, US$2m and US$1.6m respectively.

Blockchain equities saw minor outflows totalling US$2.5m.

Comments

All Comments

Recommended for you

  • Zhipu Launches and Open Sources GLM-5.3-Flash

    On August 26, Zhipu launched and open-sourced GLM-5.3-Flash (320B-A18B), the first native multimodal model in the GLM-5 series. It features a total of 320 billion parameters and surpasses GLM-5.2, achieving a score of 57 on the globally recognized Artificial Analysis Intelligence Index (AA Comprehensive Intelligence Index), placing it among the leading models worldwide, on par with Anthropic's popular model Claude Opus 4.8. In the self-developed Z.ai Code Bench evaluation, its programming performance is comparable to that of Claude Opus 4.8. Additionally, GLM-5.3-Flash is priced at 1/10 of GLM-5.3, and during a limited-time discount, it is priced at 1/20 of GLM-5.3, which is 1/40 of Opus 4.8. The same intelligence at 1/40 the price, cutting-edge capabilities without the need to hold back.

  • Zhipu Launches and Open Sources GLM-5.3-Flash

    On August 26, Zhipu launched and open-sourced GLM-5.3-Flash (320B-A18B), the first native multimodal model in the GLM-5 series. It has a total of 320 billion parameters and surpasses GLM-5.2, achieving a score of 57 in the globally recognized Artificial Analysis Intelligence Index (AA Comprehensive Intelligence Index), placing it among the leading models worldwide, on par with Anthropic's popular model Claude Opus 4.8. In the self-developed Z.ai Code Bench evaluation, its programming performance is comparable to that of Claude Opus 4.8. Meanwhile, GLM-5.3-Flash is priced at 1/10 of GLM-5.3, and during a limited-time discount, it is available for 1/20 of GLM-5.3's price, which is 1/40 of Opus 4.8's price. The same intelligence, at 1/40 the cost, provides cutting-edge capabilities without the need to hold back.

  • Ethereum Developers Propose Restructuring Validator Staking Contract to Prepare for Quantum Attacks

    On August 26, Ethereum researchers proposed a draft to rebuild the validator deposit contract in preparation for the future introduction of quantum-resistant signature mechanisms, allowing for a gradual phase-out of the existing BLS signature format. This proposal enables the deposit contract to support keys of different sizes and public key types, assigning labels for each cryptographic scheme, with the current BLS signature labeled as 0 and potential future quantum-resistant schemes receiving new labels. Currently, approximately 42.4 million ETH, worth around $10.4 billion, are staked in Ethereum, all relying on BLS validator keys. This draft is still in its early stages and must be implemented alongside subsequent consensus layer upgrades, with the Ethereum Foundation's overall quantum resistance roadmap targeting around 2029.

  • Ethereum Developers Propose Restructuring Validator Staking Contract to Prepare for Quantum Attacks

    On August 26, Ethereum researchers proposed a draft to rebuild the validator deposit contract in preparation for the future introduction of quantum-resistant signature mechanisms, allowing for a gradual phase-out of the existing BLS signature format. This proposal enables the deposit contract to support keys of different sizes and public key types, assigning labels for each cryptographic scheme, with the current BLS signature labeled as 0, and future quantum-resistant schemes to be assigned additional labels. Currently, approximately 42.4 million ETH, valued at around $10.4 billion, are staked in Ethereum, all relying on BLS validator keys. The draft remains in its early stages and must be implemented alongside subsequent consensus layer upgrades, with the Ethereum Foundation's overall quantum resistance roadmap targeting around 2029.

  • Spot Gold Falls Below $4600/Ounce

    On August 26, spot gold fell below $4600 per ounce, declining by 1.30% during the day.

  • Spot Gold Falls Below $4600/Ounce

    On August 26, spot gold fell below $4600 per ounce, declining by 1.30% during the day.

  • SEC Submits New Crypto Custody Regulations Proposal to White House

    On August 26, Bloomberg reported that the U.S. Securities and Exchange Commission (SEC) has submitted a proposal to the Office of Management and Budget (OMB) regarding new regulations for investment advisors holding client digital assets. The rule aims to 'clarify the framework for investment advisors and investment companies to custody crypto assets,' addressing inquiries from institutions on how to comply with the custody of digital assets. It plans to eliminate certain existing custody requirements that are considered 'outdated' due to market evolution and current trading and custody practices. This proposal is seen as a step by financial regulators to advance the current administration's crypto agenda while relevant legislation remains stalled in the Senate. It will take effect after review by the OMB, a vote by SEC commissioners, and a public comment period.

  • BTC Falls Below $78,000

    Market data shows that BTC has fallen below $78,000, currently priced at $77,983.75, with a 24-hour decline of 1.03%. The market is experiencing significant volatility, so please ensure proper risk management.

  • BTC Falls Below $78,000

    Market data shows that BTC has fallen below $78,000, currently priced at $77,983.75, with a 24-hour decline of 1.03%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Alibaba Qwen Releases Qwen 3.8-Flash Model

    On August 26, Alibaba Qwen launched the Qwen 3.8-Flash model, which is a multimodal MoE model and an early preview of the Qwen 4 architecture. The production version of Qwen 3.8-Flash will soon be available through the Qwen Cloud API, priced at just $0.16 per million input tokens and $0.47 per million output tokens. The model features 125 billion parameters plus 51 billion N-gram embedding parameters, but activates only 6 billion parameters per token, achieving high cost-effectiveness.