CoinShares reports that digital asset investment products saw net inflows of $619 million last week.
Digital Assets Pulled in $619M Last Week as Iran Crisis Drove Sentiment—Despite Friday Outflows
Geopolitical tension is doing what it usually does: pushing money into digital assets. CoinShares' latest weekly report shows $619 million in net inflows last week, with the market's initial reaction to the Iran crisis acting as a tailwind. The first three days alone brought in $1.44 billion. Then came Friday—and despite ugly nonfarm payrolls, which would normally ease inflation fears, oil prices kept climbing and offset the relief. Result? $829 million flowed out Thursday and Friday combined.
The U.S. did almost all the heavy lifting, adding $646 million. Europe, Asia, and Canada? Outflows across the board: $23.8 million, $2.2 million, and $3.6 million, respectively.
By asset: Bitcoin led with $521 million in inflows. Ethereum followed at $88.5 million, Solana at $14.6 million. Uniswap and Chainlink each grabbed $1.4 million. XRP? The odd one out—$30.3 million in outflows.
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