Digital asset investment products saw minor inflows totalling $8.8 million, while trading volumes reached a new two-year low of $677 million for the week, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.
Bitcoin saw inflows totalling $17 million, and CoinShares says sentiment has been steadily improving since mid-November with inflows since then now totalling $108 million.
Blockchain equities continue to suffer though, with outflows totalling $6.6 million last week, perhaps due to investor concerns over the crypto mining sector, which continues to suffer from low crypto prices, rising debt interest costs and rising energy prices.