Digital Assets Report


Like this article?

Sign up to our free newsletter

Digital assets investors remain very bearish with record outflows totalling USD207m

Related Topics

Digital asset investment products saw outflows totalling a weekly record of USD207 million last week, according to the latest Digital Assets Fund Flows Weekly report from Coin Shares.

This follows the outflows that began mid-December with the four-week run now totalling USD465 million.

Bitcoin saw outflows totalling USD107 million last week in CoinShares believes was a direct response to the FOMC minutes which revealed the US Federal Reserve’s concerns for rising inflation.

Ethereum saw outflows totalling USD39 million last week, bringing the five-week run of outflows to USD200 million.

Blockchain equities investment products did not escape the negative sentiment with outflows totalling USD10 million over the week.

Like this article? Sign up to our free newsletter

Most Popular

Further Reading