Digital asset investment products broke its six-consecutive-week of outflows strike and recorded $160 million in inflows during the week of March 20, according to CoinShares report.

Last week’s inflows mark the most significant positive movement since July 2022, as the CoinShares data indicates. Crypto-based investment products have been recording outflows since the beginning of February — with aggregate value reaching $408 million.

The report acknowledges that the inflows were seen relatively late compared to the broader crypto market. It notes that it might be due to “increasing fears amongst investors for stability in the traditional finance sector.”

(By Zeynep Geylan)