Digital asset investment product outflows total USD94m in last week
Digital asset investment products saw outflows totalling USD94m last week, according to the latest Digital Asset Fund Flows report from CoinShares.
Despite the new outflows CoinShares believes the latest figures imply an early turn in sentiment since May, where most product providers were seeing net outflows and sentiment was broadly negative.
Ether continues to see inflows into investment products totalling USD33 million, remaining the altcoin of choice for investors.
Digital asset investment product trading volumes highlight investors remain cautious over bitcoin with weekly volumes having fallen 62 per cent compared to last month.
Did you like this article? We’re holding an online digital assets summit on 10 June. Click here to claim your place…