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Digital asset funds weekly trading volume hits $11.8bn

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Digital asset investment products saw minor outflows last week totalling $21m, although this top line number masks very high trading volumes which totalled $11.8bn, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.

Incumbent, higher cost issuers suffered in the US, seeing $2.9bn of outflows, while newly issued ETFs have now seen a total of $4.13bn inflows since launch.

Blockchain equities saw further large inflows totalling $156m, bringing the last nine week run to $767m.

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