Sentiments are improving in the market as Bitcoin recorded inflows for the very first time after eight consecutive weeks of outflows — the longest period endured by any digital asset investment product.

Bitcoin saw inflows of $59 million, “marking a potential turnaround in sentiment amongst investors,” states CoinShares report.

For the week ending Sept. 3, digital asset investment products saw a total of $98 million in inflows. This has been the third week in a row that inflows were recorded, totaling $140 million.

Given that Bitcoin (BTC) has just started seeing inflows, altcoins remain the favorite amongst investors whose market share is now a record 35% of investment products.

When it comes to altcoins, Solana (SOL) is leading with its last week’s inflows at $13.2 million, doubling the total inflows year-to-date. This altcoin's asset under management (AUM) grew to $44 mln last week, from $15 mln the previous week. SOL 29.07% Solana / USD SOLUSD $ 183.70
$53.40 29.07% Volume 12.45 b Change $53.40 Open $183.70 Circulating 292.7 m Market Cap 53.77 b baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=SOL&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); 55 min Bitcoin (BTC) Finally Records Inflows After 8 Weeks, Solana (SOL) Remains the Favorite Altcoin 23 h FTX Launches Cross-Chain NFT Marketplace for Both US and Global Users 1 d DeFi Rallies Towards New Highs As Multiple Layer 1 Blockchains Amaas $50 Billion in TVL

Ethereum (ETH) meanwhile had the third week of inflows totaling $14.4 mln with its market share at a record 28%. Other altcoins, such as Cardano (ADA), Polkadot (DOT), and Ripple (XRP) all saw notable inflows of $6.5 mln, $2.7 mln, and $1.2 mln respectively. ADA -6.11% Cardano / USD ADAUSD $ 2.66
-$0.16 -6.11% Volume 6.87 b Change -$0.16 Open $2.66 Circulating 32.03 b Market Cap 85.21 b baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=ADA&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); 55 min Bitcoin (BTC) Finally Records Inflows After 8 Weeks, Solana (SOL) Remains the Favorite Altcoin 1 h Crypto Market Dips and Over 165k Traders Get Liquidated for More Than $890 Million 3 d Cardano Upgrades Testnet With Smart Contracts Capabilities, ADA Price Surges DOT -2.57% Polkadot / USD DOTUSD $ 32.55
-$0.84 -2.57% Volume 2.91 b Change -$0.84 Open $32.55 Circulating 987.58 m Market Cap 32.15 b baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=DOT&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); 55 min Bitcoin (BTC) Finally Records Inflows After 8 Weeks, Solana (SOL) Remains the Favorite Altcoin 3 d Cardano Upgrades Testnet With Smart Contracts Capabilities, ADA Price Surges 4 d “Moon” Is Not the Limit for Bitcoin, says Chainalysis CEO But be Wary of Downside Risk & Level of Retail Mania XRP -3.32% XRP / USD XRPUSD $ 1.30
-$0.04 -3.32% Volume 6.96 b Change -$0.04 Open $1.30 Circulating 46.54 b Market Cap 60.28 b baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=XRP&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); 55 min Bitcoin (BTC) Finally Records Inflows After 8 Weeks, Solana (SOL) Remains the Favorite Altcoin 3 d XRP Litigation: Court Orders Ripple to Hand Over Slack Messages 3 d SBI Holdings to Launch Japan’s First Crypto Fund Before 2021 is Over

Compared to Bitcoin’s $40.6 bln AUM, Ethereum has $17.45 bln.

Multi-asset investment products have the third-largest AUM at $3.5 bln, and among other altcoins, Binance leads with $540 mln, followed by Cardano at $98 mln, and Ripple at $82 mln.

In terms of digital asset managers, Grayscale has had zero weekly flows but nearly $2.4 bln YTD flows, the highest of any other, followed by Purpose's $1 bln YTD. The largest digital asset manager also leads in the AUM by a wide margin at $46.26 bln, with the next one CoinShares XBT, not even coming close at $4.7 bln.

In terms of weekly flow, the ETC Group had the largest at $69.7 mln, followed by 21Shares at $29.8 mln.

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