Digital asset investment products saw a third consecutive week of outflows last week although at $30m, the total represented a significant reduction in recent outflows, according to the latest Digital Assets Fund Flows Report from CoinShares.
Ether saw the largest outflows since August 2022, totalling $61m, bringing the last two weeks of outflows to $119m, making it the worst performing asset year-to-date in terms of net flows.
Conversely, multi-asset and bitcoin ETPs led the inflows with $18m and $10m respectively.
