A recent market report from CoinShares has shed light on the latest trends in digital asset investment products. According to the data, institutional investors favored XRP as an asset class, leading to significant inflows into the altcoin. XRP accounted for a substantial 53% of the total $224 million in inflows, with Bitcoin following closely behind.
The report also highlights that spot Bitcoin ETF products recorded over $470 million in inflows to kickstart the week, indicating a potential price rebound. This trend is seen as a positive sign for the market, which has recently experienced significant capital exits due to macroeconomic constraints.