Digital asset products draw $1.06B inflows in third straight weekly gain

Digital asset investment products attracted $1.06 billion in net inflows last week, marking the third consecutive week of gains, CoinShares data show. Assets under management in digital asset ETPs have climbed 9.4% to $140 billion since the Iran crisis began, reinforcing Bitcoin's safe-haven appeal. Bitcoin captured $793 million, or 75% of total inflows, pushing three-week cumulative inflows to $2.2 billion, while Ethereum drew $315 million aided by new U.S. staking ETFs that brought year-to-date flows near zero. U.S. investors accounted for 96% of inflows, with Hong Kong, Canada and Switzerland contributing $23.1 million, $19.4 million and $10.4 million respectively, while Germany recorded $17.1 million in outflows, its first weekly net outflow this year.