Digital asset investment products saw outflows totalling $39 million, representing the sixth consecutive week of outflows which now total a combined $272 million, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Digital asset investment products saw outflows totalling $39 million, representing the sixth consecutive week of outflows which now total a combined $272 million, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
The focus remains on bitcoin, with outflows totalling $11 million seen for both bitcoin and short-bitcoin. The latter figure is significantly more dramatic representing some 36% of total AuM.
Altcoins also saw outflows last week, with algorand, which saw 65% of AuM withdrawn last week, and ethereum at $5.9 million, the most notable.
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