Digital asset investment products saw outflows totalling $5 million last week in a continuation of the current period of investor apathy that dates back to September, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.
Investment product volumes which were $758 million, the lowest since October 2020, are far off the average of $7 billion a week seen at the same time last year.
Bitcoin saw minor inflows of $4.6 million for the sixth consecutive week while short-bitcoin investment products saw outflows of $7.1 million.
Ether meanwhile, saw minor outflows for the third consecutive week totalling US$2.5m bringing outflows post the Merge to $11.5 million.
