BlockBeats News, March 9th, according to the latest weekly report from Coinshares, digital asset investment products recorded a net inflow of $619 million last week, indicating that the overall cryptocurrency market still maintained some resilience amidst the market turbulence triggered by the Iran situation. The data shows that market sentiment was relatively optimistic at the beginning of the week, with inflows of $1.44 billion in the first three days, but as oil prices rose, outflows of $829 million appeared on Thursday and Friday.
From a regional perspective, the United States almost became the sole source of inflows, recording a net inflow of $646 million; while Europe, Asia, and Canada saw outflows of $23.8 million, $2.2 million, and $3.6 million respectively, indicating that investors in these regions were overall more cautious.
In terms of assets, Bitcoin still dominated the fund flows, with a net inflow of $521 million last week. At the same time, Ethereum and Solana recorded inflows of $88.5 million and $14.6 million respectively; additionally, Uniswap and Chainlink also received minor inflows of about $1.4 million each. Among the major assets, only XRP saw significant outflows, totaling approximately $30.3 million.
The report concludes that despite escalating geopolitical tensions and rising oil prices, the overall fund flows still show that investors maintain a relatively positive sentiment towards the digital asset class.
