Digital asset investment products saw outflows totalling $63 million last week, the fifth consecutive week of outflows, according to the lates CoinShares Digital Asset Fund Flows Weekly report.
The outflows remain relatively small in size, totalling $99 million over the last five weeks, while volumes remain only 46% of this year’s average at $1 billion for the week.
Ether was the primary focus of the outflows, totalling $62 million last week, this comes despite the improved certainty of the Merge and perhaps highlights a concern amongst investors that the event might not go as planned.​​​​​​
