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Inflows into crypto investment funds have resumed after a brief hiatus two weeks ago, as evidenced by CoinShares’s latest analysis. According to James Butterfill, Head of Research at CoinShares, digital assets saw a net inflow of $103 million last week, as the wider crypto industry went through a few days of bullish sentiment. This is particularly exciting, as it signaled a change from the net outflows in digital asset investment funds witnessed two weeks ago.&nbsp; 
<h2 id="crypto-fund-inflows-surge-to-103-million">Crypto Fund Inflows Surge To $103 Million</h2> 
Crypto asset investment funds <a href="https://bitcoinist.com/solana-trust-bitcoin-and-ethereum/" rel="nofollow">witnessed a minor net outflow</a> of $16 million two weeks ago, bringing <a href="https://www.newsbtc.com/bitcoin-news/crypto-funds-11-week-inflow-streak-snapped-bitcoin-faces-33m-exodus-as-altcoins-shine/">an end to 11 consecutive weeks</a> of inflows <a href="https://www.newsbtc.com/crypto/institutional-investors-346-million-crypto/">since September</a>. However, according to a social media post by Butterfill, these investment funds attracted a $103 million net inflow last week. As expected, Bitcoin, again, led the charge, attracting 85% of the total inflow. Bitcoin saw an inflow of $87 million last week, bringing its total net inflow this year to $1.758 billion.&nbsp; 
Ethereum led the altcoin market with a net inflow of $7.9 million, bringing its total net inflow this year to $23 million. Solana followed suit with a $6 million net inflow. At the time of writing, Solana’s total inflow this year stands at $162 million, <a href="https://www.newsbtc.com/news/solana/solana-flips-bnb-ethereum/">reflecting the better sentiment</a> Solana has seen with institutional investors this year.&nbsp; 
On the other hand, Litecoin and Avalanche investment products were the only ones registering a net outflow during the week, with $0.4 million and $2.6 million respectively. 
In terms of geographical location, Germany had the most inflows with $41.6 million, Canada with $25.8 million, USA with $20.4 million, and Switzerland with $15 million. On the other hand, Sweden had a net outflow of $8.7 million.&nbsp; 
Total assets under management now stand at $52 billion, representing 31% of the entire crypto market cap of $1.65 trillion. Most of this is traded in the United States, with US-based investment funds holding $37.8 billion worth of assets under management. 
<blockquote class="twitter-tweet"> 
 US$103m inflows in digital assets last week, no report on Monday. Merry Christmas! <a href="https://t.co/xAVzCrPPkQ" rel="nofollow">pic.twitter.com/xAVzCrPPkQ</a> 
 — James Butterfill (@jbutterfill) <a href="https://twitter.com/jbutterfill/status/1738626002530467924?ref_src=twsrc%5Etfw" rel="nofollow">December 23, 2023</a>
</blockquote> 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/AQYdjhhH/" alt="Crypto total market cap chart from Tradingview.com" width="3266" height="1530"> 
<h2 id="state-of-the-market">State Of The Market</h2> 
Investment in digital asset funds is largely tied to the sentiment among the spot market prices. As a result, the net inflows last week were a mirror of the price surge led by Bitcoin, with the crypto crossing over $44,000 multiple times during the week. Bitcoin has since corrected and is now trading at $42,390. 
Ethereum’s <a href="https://www.newsbtc.com/analysis/eth/ethereum-price-muted-2200/">lead in the altcoin market</a> has been <a href="https://www.newsbtc.com/news/solana/solana-sol-price-to-200/">overshadowed by Solana</a> since October. The crypto is up by 53% in a 7-day timeframe, <a href="https://www.newsbtc.com/news/company/solana-surges-past-110-how-long-with-the-rally-continue-and-could-this-altcoin-surge-next/">hitting a yearly high</a> of $124.92 on Christmas day. At the time of writing, Solana is trading at $114.&nbsp;&nbsp;

The Crypto Bulls Are Back: Digital Asset Inflows Cross $103 Million In One Week

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