Last week, digital asset investment products saw $2.9 billion in net inflows, and Coinbase saw $1.5 billion in BTC withdrawals today.
According to the Coinshares Weekly Fund Flow Report, digital asset investment products saw net inflows of nearly $2.9 billion last week. This is the largest net inflow on record. Bitcoin alone saw net inflows of $2.89 billion, while Ethereum futures saw net outflows of $13.9 million. Solar and Polygon also saw outflows of $2.7 million and $6.8 million respectively. By country, the U.S. alone saw $2.95 billion in inflows, while Brazil and Hong Kong saw $24 million and $15 million, respectively. Meanwhile, $1.5 billion worth of BTC was exchanged on Coinbase on the 18th. It's the second largest breach so far this year. Some investors believe that the exodus of bitcoin from exchanges will drive the price higher.