Digital asset investment products saw minor outflows totalling $2 million, according to the latest Digital Assets Fund Flows Weekly report from CoinShares, although this masks broader negative sentiment as the largest inflows were into short investment products.
Bitcoin saw outflows for the third consecutive week totalling $12 million, while short-bitcoin saw inflows totalling $10 million.
According to CoinShares, this reflects nervousness amongst US investors prompted by the recent stronger than expected macro data releases.