Digital asset investment products saw outflows totalling $305m last week, with widespread negative sentiment evident across various providers and regions, according to the latest Digital Assets Funds Flows weekly Report from CoinShares.
The negative sentiment was focused on bitcoin, which saw $319m in outflows. Short bitcoin investment products meanwhile, saw a second consecutive week of inflows totalling $4.4m.
Ether saw $5.7m outflows, while trading stagnated, reaching only 15% of the levels seen during the US ETF launch week.