Digital asset investment products saw outflows for the second consecutive week totalling $206m, with trading volumes in ETPs dipping slightly at $18bn, according to the latest Digital Assets Fund Flows Weekly from CoinShares.
Bitcoin saw $192m outflows, but few investors saw this as an opportunity to short, with short-bitcoin seeing $0.3m outflows.
Meanwhile, blockchain equities saw its 11th consecutive week of outflows totalling US$9m as investors continue to worry over the consequences of the halving on mining companies, according to CoinShares.
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