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Digital asset investment products experienced inflows of $176 million last week, marking the eighth consecutive week of inflows. Bitcoin investment products led with $155 million, while Solana, Ethereum, and Avalanche investment products saw $13.6 million, $3.3 million, and an unspecified amount, respectively. The total value held in major stablecoins has risen by approximately 3% from yearly lows to $125 billion. Additionally, there has been a significant increase in aggregate stablecoin supply, despite recent liquidity inflow into BTC, ETH, and altcoins. The past week witnessed 7000 ETH more sell volume than buy volume, amounting to almost $14 million of outflows, the most ever in a week for the platform. Global gold ETFs saw around 12 tonnes of net inflows in the week ending November 17th. YTD inflows for digital asset investment products amount to $3.2 billion, which is lower than the inflows in 2021 and 2020. Notably, Technology and Financials sectors received solid inflows after 15 consecutive weeks of outflows for Financials, according to Deutsche Bank.
