Digital asset investment products saw minor outflows totalling $126m last week, with investors becoming hesitant as the sector’s recent positive price momentum has stalled, according to the latest Digital Assets Fund Flows report from CoinShares.
On a relative basis, ether suffered the most, losing $29m in its fifth consecutive week of outflows.
Altcoins, on the other hand, had another good week, with more esoteric names including decentraland, basic attention token and LIDO all seeing inflows.
