CoinShares’ weekly digital asset report reveals bitcoin outflows
CoinShares’ weekly report reveals that digital asset investment products saw outflows for the third consecutive week with outflows totaling USD28 million.
Bitcoin saw the majority of the outflows which totalled USD24 million, the largest outflows since mid-June, CoinShares writes. Multi-asset investment products continue to buck the trend with another week of inflows totalling USD3.1 million.
Investment products trading turnover remains low at USD1.7 billion for last week, this represents just 22 per cent of the high in volumes seen in May.