Negative sentiment continues to place digital assets

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Digital asset investment products saw outflows for the third consecutive week with outflows totalling USD28 million according to the latest Digital Assets Fund Flows Weekly report from CoinShares.

Bitcoin saw the majority of the outflows which totalled USD24 million, the largest outflows since mid-June.

Multi-asset investment products continue to buck the trend with another week of inflows totaling USD3.1 million.

Investment products trading turnover remains low at USD1.7 billion for last week, this represents just 22 per cent of the high in volumes seen in May.