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CoinShares: Digital asset investment product outflows totaled $126 million last week

CoinShares: Digital asset investment product outflows totaled $126 million last week

2024/04/15 10:20

Golden Finance reported that according to the CoinShares weekly report, there was a small outflow of digital asset investment products last week, with a total capital outflow of US$126 million. Trading volume has picked up slightly, rising to $21 billion from $17 billion last week, but ETP/ETF activity has declined relative to the overall market, falling from 40% of total trusted exchange trading volume last month to last week 31%. Bitcoin saw $110 million in outflows but still has positive inflows of $555 million so far this month. Shorting Bitcoin broke a three-week streak of outflows with modest inflows of $1.7 million. Ethereum has suffered the most, with $29 million in outflows last week, marking its fifth consecutive week of outflows.

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