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Seven-week bull run on bitcoin-short positions ends with outflows of $5m

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Digital asset investment products saw inflows totalling $8.3 million last week, a continuation of the tepid investor appetite for digital assets at present, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.

Digital asset investment products saw inflows totalling $8.3 million last week, a continuation of the tepid investor appetite for digital assets at present, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.

Short-bitcoin investment products AuM rose to $172 million, the highest on record, prompting some profit taking with the first outflows in seven weeks totalling $5.1 million.

Investors also dipped their toes into ether, which saw inflows totalling $7 million last week.​​​​​​

The recent launch of a short-ether investment product saw minor inflows totalling $1.1 million.​​​​​​

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