Svmuu News: According to CoinShares' latest weekly report, digital asset investment products saw net inflows of $619 million last week, indicating that the market's initial reaction to the Iran crisis provided support for the asset class. Net inflows totaled $1.44 billion in the first three days of the week, but despite much weaker-than-expected non-farm payroll data, $829 million flowed out on Thursday and Friday. The report noted that rising oil prices offset the inflation relief expectations that weak non-farm payroll data could have brought, but overall data showed generally positive market sentiment during geopolitical tensions.
The United States accounted for almost all of the positive sentiment, with net inflows of $646 million, while Europe, Asia, and Canada saw outflows of $23.8 million, $2.2 million, and $3.6 million, respectively. Bitcoin inflows reached $521 million, Ethereum saw $88.5 million in inflows, Solana $14.6 million, Uniswap and Chainlink each $1.4 million, while XRP experienced outflows of $30.3 million.