Digital asset investment products saw outflows totalling $5 million last week, although the majority was from short investment products, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Bitcoin saw its 4th consecutive week of inflows totalling $12 million, while short-bitcoin investment products saw outflows totalling a record $15 million. These outflows represent 10% of total assets under management (AuM) and are double that of any seen in prior weeks.
Ether saw minor outflows totalling $2.2 million last week, highlighting continued hesitancy amongst investors post the Merge.
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