CoinShares reports a significant increase in investor optimism towards digital assets, with a total inflow of $125 million in the past week. In the last fortnight, revenues totaled $334 million, representing close to 1% of total assets under management (AuM).

Bitcoin remains the top choice for investors, with a massive inflow of $123 million over the past week. Bitcoin investment products have rallied to a net inflow year-to-date, negating a net outflow position of $171 million just two weeks earlier. Despite the recent rally in price, Bitcoin short investment products experienced a 10th consecutive week of outflows, now representing 59% of assets under management.

However, shorting Bitcoin remains the second best performing asset in terms of inflows to date, at $60 million. as for altcoins, Ethereal leads the pack with entries totaling $2.7 million, closely followed by Cardano, Polygon, and XRP. Multi-asset and Solana experienced minor outflows of $1.8 million and $0.8 million, respectively. Blockchain stocks have also experienced a resurgence, with inflows of $6.8 million following a 9-week run of outflows.

The rise in investment in digital assets and blockchain stocks indicates growing investor confidence in the cryptocurrency industry.

Total AuM reached $37 billion for the week, matching the highest level since early June 2022 and the average AuM for 2022. Business activity remains robust, with weekly volume of $2.3 billion, substantially higher than year-to-date average of $1.5 billion.