CoinShares: Digital asset investment products saw outflows of $446 million last week
BlockBeats News, December 29th, CoinShares released its latest weekly report stating that digital asset products saw a $446 million outflow last week, bringing the total outflows since October 10th to $3.2 billion, indicating that market sentiment has not fully recovered.
The outflows were mainly concentrated in the United States, while Germany continued to see inflows, indicating selective buying during the recent price weakness. XRP and Solana ETFs have continued to attract inflows since their launch, in stark contrast to the ongoing outflows from Bitcoin and Ethereum during the same period.
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
View: The 'Trump Pump' Fails to Support Cryptocurrencies as Market Downturn Erodes Year-to-Date Gains
A short seller has aggressively increased short positions, adding over $260 million in new shorts.
Bitmine has staked over 400,000 Ethereum, valued at $1.2 billion.
