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Digital assets funds see fourth week of outflows, says CoinShares

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Digital asset investment products saw another week of outflows totalling USD19.5 million, the fourth consecutive week of outflows, according to the latest Digital Assets Fund Flows weekly report from CoinShares.

Since the outflows began, prompted by negative price action in mid-May, outflows have totalled USD295 million, representing 1 per cent of assets under management.
 
Bitcoin saw outflows totalling USD20 million, its fourth consecutive week of outflows.

Multi-asset investment products continued to buck the trend with another week of inflows totalling USD7.5 million.

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