In June, digital asset investment products saw a strong start with a total inflow of $2 billion across various providers. CoinShares, in its weekly fund flows report on June 10, revealed that crypto investment products received over $2 billion in inflows, bringing the five-week total to $4.3 billion.
The report also highlighted a significant increase in trading volumes for exchange-traded products (ETPs), reaching $12.8 billion in the first week of June, a 55% jump from the previous week. CoinShares noted that almost all ETP providers experienced inflows during this period, which was described as unusual and potentially linked to weaker macro data.
Furthermore, CoinShares reported that total assets under management (AUM) surpassed $100 billion for the first time since March 2024, driven by positive price action. Among the digital asset investment product providers, only Grayscale Investments and CoinShares XBT saw outflows for the week, while iShares ETFs in the U.S. led in inflows with $948 million, followed by Fidelity ETFs with $680 million.
In terms of specific assets, Bitcoin continued to dominate the ETP space with $1.97 billion in inflows for the week, while Ether-based products also saw record-breaking inflows of $69 million, the highest since March. CoinShares attributed this surge in Ethereum investment products to the recent approval of Ether-based spot ETFs by the Securities and Exchange Commission in the U.S.
On the other hand, altcoin-based ETPs, such as Fantom and XRP, saw minor activities with inflows of $1.4 million and $1.2 million, respectively. Overall, the digital asset investment landscape in June showed strong investor interest and positive growth across various products and assets.