Digital asset investment products saw outflows for the fifth consecutive week last week, with the $32 million withdrawn taking outflows over the period to $232 million, according to the latest Digital Assets Weekly Fund Flows report from CoinShares.
Bitcoin outflows of $33 million represented most of the week’s negative sentiment, as they has done over the last five weeks.
Altcoins, with the exception of ether ($1 million outflows), saw inflows, most notable of which were avalanche and litecoin.