PANews reported on October 13th that according to CoinShares' latest weekly data, digital asset investment products saw net inflows of $3.17 billion last week, bringing the total year-to-date inflows to $48.7 billion. Total assets under management fell to $242 billion due to news of US tariffs on China. ETP trading volume reached a record $53 billion for the week, with $15.3 billion on Friday alone. Bitcoin saw inflows of $2.67 billion this week, bringing the total year-to-date to $30.2 billion. Ethereum saw inflows of $338 million this week, but saw a net outflow of $172 million on Friday. Solver and XRP saw inflows of $93.3 million and $61.6 million, respectively, driven by expectations of a slowdown in US ETF activity.
![[OPINION] US Pax Silica initiative: Good or bad?](https://www.rappler.com/tachyon/2024/10/tech-stocks-october-31-2024.jpg?resize=75%2C75&crop=408px%2C0px%2C1080px%2C1080px)

