Digital asset investment products saw a second consecutive week of outflows totalling $1.17 bn, driven by post-liquidity cascade volatility and uncertainty over a potential US rate cut, according to CoinShares.
The latest Weekly Digital Assets Fund Flows Report shows that bitcoin and ether faced heavy outflows of $932m and $438m, respectively.
Altcoins meanwhile, remained resilient, led by solana with $118m in inflows last week and $2.1bn over the last nine weeks.
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