Digital asset investment products saw outflows for the fourth consecutive week totalling $251m as the new US spot bitcoin ETFs saw their first ‘measurable’ outflows, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Last week saw the successful launch of spot-based ETFs in Hong Kong, managing $307m of inflows in the first week of trading.
Ether meanwhile, broke its seven-week spell of outflows, seeing $30m of inflows over the course of last week.
