Digital asset investment products saw minor outflows totalling $15.6 million last week, and a bad start to the month with outflows totalling $19 million, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Digital asset investment products saw minor outflows totalling $15.6 million last week, and a bad start to the month with outflows totalling $19 million, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Bitcoin saw outflows totalling $13 million for the week. This follows a seven-week run of inflows and comes after the FOMC raised interest rates by a further 75 basis points.
Short-bitcoin investment products also saw outflows for the third consecutive week totalling $7.1 million, bringing total outflows to $28 million.
XRP saw inflows for the third week totalling $1.1 million implying improving investor confidence as the SEC case against Ripple looks increasingly fragile.
