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.
