CoinShares, the digital assets manager, has revealed that institutional crypto products experienced significant inflows last week, despite the weakening prices. According to CoinShares’ latest report on digital asset fund flows, these investment products saw a total of $441 million in inflows. The recent drop in prices, caused by Mt. Gox and the German Government’s selling pressure, was viewed as a buying opportunity by investors. Exchange Traded Products (ETPs) had relatively low volumes of $7.9 billion for the week, which is consistent with the typical seasonal pattern of lower volumes during the summer months.

The US region led the way in inflows, with $384 million. Hong Kong, Switzerland, and Canada also attracted inflows of $32 million, $24 million, and $12 million, respectively. However, Germany saw outflows of $23 million, making it an outlier.

Bitcoin (BTC) accounted for $398 million of the inflows, representing just 90% of the total inflows. Investors chose to diversify their investments across a broader range of altcoins. Solana (SOL) was the top altcoin, with $16.3 million in inflows. Multi-asset crypto investment vehicles attracted $12.8 million in inflows, while Ethereum (ETH) saw $10.2 million. Litecoin (LTC), XRP, Polkadot (DOT), and Cardano (ADA) also had inflows of $0.9 million, $0.4 million, $0.2 million, and $0.1 million, respectively.

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