CoinShares: Total outflows from digital asset investment products last week totaled $126 million
According to CoinShares' weekly report, there was a slight outflow of funds from digital asset investment products last week, with a total outflow of $126 million. Trading volume slightly rebounded from $17 billion to $21 billion, but ETP/ETF activity relative to the overall market declined from 40% of total exchange volume last month to 31% last week. Bitcoin saw an outflow of $110 million, but still maintained a positive inflow of $555 million so far this month. Shorting Bitcoin broke the three-week streak of fund outflows, with a slight inflow of $1.7 million. Ethereum suffered the most losses, with a fund outflow of $29 million last week, marking the fifth consecutive week of outflows.
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