Digital asset investment products saw the largest inflows for 14 weeks last week, totalling $42 million, according to the latest Digital Asset Fund Flows Weekly report from CoinShares. The inflows began later in the week on the back of extreme price weakness prompted by the FTX/Alameda collapse.
Digital asset investment products saw the largest inflows for 14 weeks last week, totalling $42 million, according to the latest Digital Asset Fund Flows Weekly report from CoinShares. The inflows began later in the week on the back of extreme price weakness prompted by the FTX/Alameda collapse.
Bitcoin was the primary focus with inflows totalling $19 million, the largest since early August this year. However, short-bitcoin investment products also saw inflows totalling $12.6 million.
Blockchain equities saw the largest weekly outflow since May 2022 totalling $32 million, implying that the more conservative investors in the asset class flew to safety.
