Digital Asset Fund Inflows Fall to Lowest Level Since October

Bitcoin prices fell 14% during the seven days through April 23, while ether rose 18%..

AccessTimeIconApr 26, 2021 at 7:07 p.m. UTC
Updated Mar 6, 2023 at 3:08 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Inflows to digital asset products declined to $1.3 million during the week ending April 23, down from $233 million the prior week, according to a Monday report from CoinShares, a digital asset investment firm.

The latest figure marks the lowest level of weekly inflows since October 2020.

  • “The low inflows overall mask varied flows among digital assets. Outflows were primarily focused on bitcoin (BTC) with $21 million, being the largest weekly outflow on record," according to CoinShares.
  • However, Ethereum products saw inflows of $34 million last week and $792 million for the year to date.
  • Bitcoin prices fell 14% during the seven days through April 23, while ether (ETH) rose 18%.
  • Trading volumes among investment products remained at a low of 5% of total bitcoin volumes last week, according to CoinShares.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.