CoinShares: Net outflows from digital asset investment products last week were $206 million
PANews reported on April 22 that according to the latest weekly report of CoinShares, digital asset investment products had a net outflow of US$206 million last week, which was the second consecutive week of capital outflows. At the same time, the trading volume of ETP dropped slightly, reaching US$18 billion. Bitcoin saw an outflow of $192 million, but few investors saw this as a short-selling opportunity. Short-selling Bitcoin saw an outflow of $300,000. Blockchain stocks have seen outflows totaling $9 million for the 11th consecutive week as investors continue to worry about the impact of the halving on mining companies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The U.S. Department of Justice seeks to forfeit $15.1 million USDT stolen by North Korean hackers
Exchange report: The bitcoin market may be entering a consolidation phase, rather than a continuous plunge
VanEck Solana ETF listed, US Solana spot ETFs see a single-day total net inflow of $8.26 million
