Digital asset investment products saw outflows for the third consecutive week last week totalling $435m, marking the largest outflows since March this year, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
While Grayscale’s outflows continue to decelerate, there has also been a deceleration in inflows to new issuers, which saw only $126m of inflows last week.
A broad range of altcoins saw inflows, with investors choosing multi-coin investment products coupled with regular favourites solana, litecoin, and chainlink.