Digital asset investment products saw outflows totalling USD142 million last week, the first outflow following a 17 week run of inflows, according to the latest CoinShares Digital Asset Fund Flows Weekly report.
The outflows represent only 0.23 per cent of total assets under management (AuM), and from an historical perspective are small relative to the outflows in early 2018 where weekly outflows represented up to 1.6 per cent of AuM.
Other altcoins softened the blow with polana, Polkadot and multi-asset investment products seeing inflows totalling USD6.7 million, USD2.5 million and USD1.5 million respectively.
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