CoinShares: $223 million outflows from digital asset investment products last week "
According to online reports, CoinShares 'latest report showed that last week, digital asset investment experienced an outflow for the first time in 15 weeks. As of the end of this week, the total outflow reached US$223 million. The week started strongly with inflows of $883 million, but the trend reversed in the second half of the week, possibly triggered by a tough FOMC meeting and a series of better-than-expected U.S. economic data. Bitcoin flowed out of $404 million this week. Despite this, year-to-date inflows remain strong, reaching US$20 billion. Despite the shock later this week, Ethereum achieved net inflows for the 15th consecutive week, totaling US$133 million, indicating strong market optimism about the asset. XRP, Solana and SEI also received good support, with inflows of $31.2 million,$8.8 million and $5.8 million respectively. Aave and Sui received US$1.2 million and US$800,000 respectively.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.