Digital asset investment products rebounded last week, recording $2.48 billion in inflows, lifting total inflows for August to $4.37 billion and year-to-date inflows to $35.5 billion, according to a CoinShares report on Monday.
What Happened: Despite the inflows, total assets under management (AuM) fell 10% from recent peaks to $219 billion, driven by late-week outflows linked to Core PCE data releases.
