CoinShares: Net Outflows of $88 Million from Digital Asset Investment Products Last Week
According to CoinShares' weekly report, digital asset investment products saw net outflows of $88 million last week, the eighth consecutive week of outflows, with total outflows of $417 million over the last eight weeks. Outflows from bitcoin totaled $51.6 million, or $254 million for the eight weeks, representing 1.2% of total assets under management (AuM). Ether saw outflows of $35.6 million, the largest single week of outflows since the merger last September.
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