Inflows into digital asset investment products in 2023 maintain now surpassed the total inflows of final 300 and sixty five days, according to new data from CoinShares.

Inflows totaled $261 million final week, the sixth straight week of inflows, and that brought the 300 and sixty five days-to-date total to $767 million. The total inflows for 2022 were $736 million.

Bitcoin represented $229 million of the inflows final week, probably because of the endured optimism that the U.S. Securities and Replace Rate (SEC) will quickly approve a notify bitcoin trade-traded fund (ETF).

Notably, Ethereum reversed its style of outflows this 300 and sixty five days and seen inflows of $17.5 million, the very most attention-grabbing level since August 2022. Solana, the ecosystem for decentralized applications and its native SOL token, endured to illustrate energy, with $10.8 million entering to recount the 300 and sixty five days-to-date total inflows as a lot as $109 million.

The completely outflows for the week were the $4.2 million leaving multi-asset funds.

The total inflows final week tied the numbers from July 2023 to change into the principle spot of inflows for the rationale that discontinue of the bull market in December 2021.