Digital asset investment products saw inflows totalling USD14.4 million last week, breaking the prior five-week run of outflows, according to the latest weekly Digital Asset Fund Flows Report from Coinshares.
Digital asset investment products saw inflows totalling USD14.4 million last week, breaking the prior five-week run of outflows, according to the latest weekly Digital Asset Fund Flows Report from Coinshares.
The inflows came later in the week during a period of significant price weakness, suggesting investors, at current price levels, are seeing this as a buying opportunity.
Total assets under management (AuM) are now USD51 billion, the lowest since early August 2021, having fallen 41 per cent from a peak of USD86 billion in November 2021.
Ethereum continues to see outflows, with USD16 million withdrawn last week.
