Digital asset investment products saw outflows totalling $59m last week, taking the current run of outflows to a total of $294m, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Bitcoin suffered the most over the course of the week, seeing outflows of $69m, while short-bitcoin saw its largest single week of inflows since March 2023, totalling $15m.
Blockchain equities did not escape the negative sentiment, recording outflows $10.8m, marking the fifth consecutive week of negative flows.