Photo credit: RDNE Stock project/Pexels)

The Bitcoin slump last week resulted in further buying opportunities for investors as digital assets products saw inflows reaching $1.44 billion, according to a recent report.

Bitcoin (BTC) witnessed the fifth largest weekly inflows on record with $1.35 billion amid its price weakness due to the German Government’s ongoing BTC selling spree, CoinShares said in its July 15 report.

The report noted that a turnaround in sentiment to lower than expected consumer price index in the United States also prompted investors to add to positions.

However, Bitcoin short positions saw their largest outflows since April at $8.6 million.

Ether (ETH), meanwhile, saw significant inflows last week, raking in $72 million, its largest inflow since March. The feat was attributed to the “imminent approval of the spot ETH exchange-traded funds (ETFs) in the US.

Other altcoins also recorded inflows during the same period, with Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) posting $4.4 million,$2 million, and$1.3 million, respectively.

Positive sentiment was seen across tracked countries, with the US witnessing the most inflows into digital assets, with $1.3 billion. Meanwhile, Switzerland posted a record inflow of 57.5 million, followed by Hong Kong ($54.6 million) and Canada ($24.2 million).

Germany, Sweden, and Brazil saw decent inflows, recording $11.7 million, $1.6 million, and $1.3 million, respectively.

Last week’s inflow value represents a 226.5% increase from the previous week, which saw positive flows worth $441 million.

The price of Bitcoin experienced significant volatility over the weekend. For the first time in 10 days, the leading cryptocurrency by market capitalization broke the $60,000 mark after a failed assassination attempt on former president Donald Trump. Several meme coins tied to the politician also rose immediately after the development.

Bitcoin is currently trading at $62,484.31, marking a 9.3% increase over the past week, according to CoinGecko. However, it’s still down 5.8% in the last 30 days and 15% from its all-time high of over $73,700 reached in March.