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CoinShares: Digital asset investment products saw a net inflow of $932 million last week

BlockBeats news, on May 20, according to the latest data from CoinShares, digital asset investment products saw inflows for the second consecutive week, totaling $932 million. Last week, the United States led regional inflows, reaching $1.002 billion.

Bitcoin's inflows reached $942 million, while almost no funds flowed into shorting Bitcoin, indicating that investors have a positive view of it. A variety of altcoins also saw inflows, most notably Solana ($4.9 million), Chainlink ($3.7 million), and Cardano ($1.9 million).

Ethereum continued to see $23 million in outflows due to pessimism about the prospect of the U.S. Securities and Exchange Commission (SEC) approving an Ethereum spot ETF this week.

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