Digital asset investment products saw a third consecutive week of outflows last week, marking the largest weekly outflows on record at a total of $2.9bn, and bringing the three-week total to $3.8bn, according to a the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Bitcoin bore the brunt of the weaker sentiment, seeing $2.59bn outflows last week, with minor inflows into short bitcoin totalling $2.3m.
Sui was the best performer, seeing $15.5m inflows, with XRP following with $5m in inflows.
