Digital asset investment products saw minor outflows totalling $7 million last week following a week of macro data that significantly beat expectations to the upside, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
The focus was primarily bitcoin, which saw outflows totalling $10.9 million, although there were also outflows from short-bitcoin investment products totalling $3.5 million.
Investors seem to be more discerning this year, with select coins performing well, while overall 10 altcoins saw inflows last week totalling $4.8 million.
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