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Digital assets funds see second consecutive week of inflows

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Digital asset investment products experienced a second consecutive week of inflows last week, totalling $321m, as the US Federal Reserve cut interest rates by 50bp, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.

Bitcoin was the primary focus, seeing US$284m inflows, but the recent price moves also prompted inflows into short-bitcoin investment products.

Ethereum meanwhile, remains an outlier, seeing outflows for the fifth consecutive week, totalling $29m.

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