Digital asset investment products saw outflows totalling $54 million last week, representing the third consecutive week of negative sentiment for the asset class, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.

Bitcoin saw $32 million of outflows last week, despite sentiment in the US turning markedly positive, with inflows of $18 million, and short-bitcoin seeing the largest weekly outflows on record of $23 million.

Blockchain equities also endured weaker sentiment last week, seeing outflows totalling $7.3 million.