CoinShares: $251 million outflow from digital asset investment products last week
Golden Finance reported that according to the CoinShares report, global digital asset investment products have seen outflows for the fourth consecutive week, totaling $251 million. It is particularly noteworthy that newly issued ETFs in the United States recorded measurable outflows for the first time this week, reaching $156 million. At the same time, Hong Kong successfully launched spot-based Bitcoin and Ethereum ETFs, attracting $307 million in inflows in the first week. In addition, Ethereum broke the trend of seven consecutive weeks of outflows and recorded $30 million in inflows last week. Although Bitcoin saw an outflow of $284 million this week, other digital assets such as Avalanche, Cardano, and Polkadot showed inflows of $500,000, $400,000, and $300,000, respectively.
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