Digital Asset Investment products attracted $3.75 billion last week, raising its managed assets to $244 billion on August 13th.
Coinshares data shows the total ranks of one of the largest weekly influx seen recently. Prices have risen, but the main driver was money that moves into funds rather than a wide retail rush.
Concentration flow from a single product
Based on a report from Coinshares, almost all of the influx came through one provider. The US accounts for $3.73 billion, which is almost a week’s total.
Canada added $33.7 million, Hong Kong added nearly $21 million, and Australia added $12 million. In contrast, Brazil and Sweden recorded $10.6 million and $50 million outflows.
Market participants say that the majority of the cash was poured into a single iShares product. This helps explain how a relatively narrow set of flows has made the AUM very sharp overall.
Ethereum withdraws most money
Ethereum attracted the majority of last week’s influx to $2.87 billion, or 77% of its total. This will result in an annual net inflow of approximately $11 billion to ETH.
Ethereum currently accounts for almost 30% of its managed assets, compared to 11.6% of Bitcoin. My weekly intake of Bitcoin was $552 million.
Other moves include Solana getting $176.5 million and XRP adding $126 million, while Litecoin and Ton showing small outflows of $400,000 and $1 million, respectively. These figures show a clear change in where institutional funds are parked this week.
Corporate Holding and Supply Notes
According to Cryptoquant, more than 16 companies have reported adding Ethereum to their balance sheets.
Together they have around 2.45 million ETH, valued at around $11 billion, and these coins are effectively out of circulation while being trapped in the Treasury or refrigerated state.
It is worth noting that Ethereum does not have a fixed supply like Bitcoin. It was added last year to supply around 1 million ETH, and the supply dynamics could change with network activity.
Look at futures and large owners
Open interest on futures is close to $38 billion. This is a substantial number that increases the likelihood that a quick price will move when a position is closed.
A sudden shift in large, concentrated holders and futures positions indicates that prices can be pushed sharply in either direction.
For now, this is a flow-driven event that has more than a massive retail spike. If the same product continues to consume large amounts, it will continue to increase the upward pressure.
At the same time, thin liquidity and large positions can rapidly invert profits into losses. Investors and traders should focus on weekly capital flows, open interest in futures, and on-chain movements to see if trends spread beyond the small number of major buyers.
Meta featured images, TradingView chart
