Opinion: Digital asset investments experience first net inflow in five weeks, speculation arises due to delay in Ethereum ETF approval

According to CryptoPotato, digital assets experienced their first net inflow in five weeks over the past week, with a net increase of $130 million. However, the indifference of U.S. regulators to spot Ethereum ETF applications has sparked speculation that approval will not come quickly, leading to a large outflow of Ethereum during the same period. The latest edition of CoinShares' "Digital Asset Fund Flow Weekly Report" shows that Bitcoin investment products saw an inflow of $144 million, rebounding from a sluggish month. Short-term Bitcoin ETPs experienced an outflow of $5.1 million, bringing the total outflow over the past eight weeks to $18 million. Among all altcoins, Solana stood out with a weekly inflow volume of $5.9 million. Meanwhile, investment products designed for Polkadot saw an inflow of $1.3 million followed by XRP and Litecoin with respective inflows at 600 thousand dollars and 100 thousand dollars respectively . CoinShares also revealed that exchange-traded product (ETP) trading volumes are decreasing; last week there was only 8 billion dollars in trade volume compared to April's average trade volume which was 17 billion dollars.