CoinShares: Last week, net inflows into digital asset investment products reached $619 million

According to market news, digital asset investment products saw a net inflow of $619 million last week, indicating that the market's initial reaction to the Iran crisis is providing support for this asset class.

In the first three days of the week, there was a net inflow of $1.44 billion, but despite the non-farm data being much weaker than expected, there was still an outflow of $829 million on Thursday and Friday. The report noted that rising oil prices offset the inflation relief expectations that the weak non-farm data could have brought, but overall data shows that market sentiment remains generally positive during periods of geopolitical tension.

The United States contributed almost all of the positive sentiment, with a net inflow of $646 million, while Europe, Asia, and Canada saw outflows of $23.8 million, $2.2 million, and $3.6 million, respectively. btc-42">Bitcoin had an inflow of $521 million, Ethereum saw an inflow of $88.5 million, Solana had an inflow of $14.6 million, and both Uniswap and Chainlink saw inflows of $1.4 million each, while XRP experienced an outflow of $30.3 million.