After experiencing a surge in net inflows for five consecutive weeks, global digital asset investment products continue to attract attention with an additional $2 billion injected into the market. CoinShares' report emphasizes the growing confidence investors have in the digital asset sector.

Over the past five weeks, a total of $4.3 billion has flowed into these digital assets, pushing assets under management (AUM) past the $1 billion mark for the first time since March. This milestone signifies a resurgence of interest and optimism towards digital assets as investors actively seek opportunities within this rapidly evolving domain.

Notable asset managers like Ark Invest, BlackRock, Bitwsie, Fidelity, Grayscale, 21Shares, and ProShares were responsible for the $2 billion inflows. Concurrently, the trading volume for Exchange-traded products saw a significant 55% increase to $12.8 billion.

The surge in digital asset investment products, particularly driven by the Spot Bitcoin ETF, accrued a substantial $932 million in inflows. Preceding this, crypto investment products witnessed a surge of $130 million in inflows for the first time in over a month, with the United States taking the lead in this trend.

The US received $135 million in crypto inflows following a substantial $721 million inflow in February. Bitcoin remained the frontrunner in attracting investments, with $144 million in inflows, rebounding from a sluggish period. The spike in capital influx is attributed to the issuance of new ETFs, drawing an impressive $41.7 billion in inflows.

In April, the rising popularity of Spot Bitcoin ETFs became evident as these funds recorded three consecutive days of net inflows, amounting to a significant $31.64 million. Notably, BlackRock's spot Bitcoin ETF brought in $37.92 million, the highest among daily net inflows, while Ark Invest and Bitwise attracted $33.28 million and $23.23 million, respectively.

The successive days of net inflows highlight a sustained trend in Bitcoin ETFs rather than a temporary interest, following the industry's record of six straight days of net positive inflows totaling nearly $715 million.

The US Securities and Exchange Commission (SEC) recently approved the listing and trading of spot Ether ETFs, marking the industry's second endorsement of cryptocurrency ETFs this year. The SEC greenlit the 19-b4 filings from major asset managers like Fidelity Investment, BlackRock, VanEck, Franklin Templeton, Grayscale, Invesco Galaxy, ARK 21Shares, and Bitwise.

The commencement of trading for these ETFs awaits SEC approval for their S-1 registration statements. Analysts predict that spot Ether ETFs will draw 20% of the inflows seen by spot Bitcoin ETFs once S-1 forms are approved, with estimates ranging from 10-15% by different analysts like James Seyffart and Eric Balchunas.