Digital asset investment products saw outflows totalling $168m last week, the highest level since the US regulatory crackdown on digital exchanges in March 2023, according to the latest Digital Assets Fund Flows report from CoinShares.
Bitcoin was the primary focus, with outflows last week totalling $149m.
Many investors are also continuing to sell their short positions, with outflows totalling $4m last week. The current 18-week run of outflows represents some 89% of total AuM.