Volume 94: Digital Asset Fund Flows Weekly Report | by James Butterfill | Aug, 2022


Minor outflows totalling US$9m — market volumes remain very low

  • Digital asset investment products saw minor outflows last week totalling US$9m last week with volumes at US$1bn, 55% off the year average and the 2nd lowest this year.
  • Bitcrypto-coin, where the mild negative sentiment has been focussed, saw a third consecutive week of outflows totalling US$15m.
  • Ethereum saw weekly inflows totalling US$3m and has seen a turn-around in sentiment. Since mid-June, as there has been improving clarity on the Merge, Ethereum has seen a 9-week run of inflows totalling US$162m.

Digital asset investment products saw minor outflows last week totalling US$9m last week with volumes at US$1bn, 55% off the year average and the 2nd lowest this year, suggesting low participation from investors at present. The summer doldrums persist for now.

Regionally, the outflows were focussed on the US, Germany & Sweden totalling US$10m, US$2.4m and US$2.1m respectively. While minor inflows were seen in Brazil and Switzerland totalling US$2.5m and US$1.9m respectively.

Bitcrypto-coin, where the mild negative sentiment has been focussed, saw a third consecutive week of outflows totalling US$15m. Short-bitcrypto-coin saw very minor inflows totalling US$0.2m over the same period.

Ethereum saw weekly inflows totalling US$3m and has seen a turn-around in sentiment. At the mid-point in June Ethereum investment products had seen year-to-date outflows totalling US$459m. Since this point, as there has been improving clarity on the Merge, Ethereum has seen a 9-week run of inflows totalling US$162m.

Other altcrypto-coins saw unremarkable inflows, most notably Cardano with inflows totalling US$0.5m, while Solana saw outflows for a second week totalling US$1.4m.

Blockchain equities experience similar mild negative sentiment with outflows totalling US$1.6m last week.

To see the full detailed report, click here.

To access our other research click here.



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