Bitcoin
Bitcoin (BTC)
$66,367.00 4.02726
Bitcoin price
Ethereum
Ethereum (ETH)
$3,491.36 2.27252
Ethereum price
BNB
BNB (BNB)
$593.40 4.09043
BNB price
Solana
Solana (SOL)
$169.66 8.04255
Solana price
XRP
XRP (XRP)
$0.5754320 1.05915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 1.30368
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 5.80522
Pepe price
Bonk
Bonk (BONK)
$0.0000303 14.93636
Bonk price
Bitcoin
Bitcoin (BTC)
$66,367.00 4.02726
Bitcoin price
Ethereum
Ethereum (ETH)
$3,491.36 2.27252
Ethereum price
BNB
BNB (BNB)
$593.40 4.09043
BNB price
Solana
Solana (SOL)
$169.66 8.04255
Solana price
XRP
XRP (XRP)
$0.5754320 1.05915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 1.30368
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 5.80522
Pepe price
Bonk
Bonk (BONK)
$0.0000303 14.93636
Bonk price
Bitcoin
Bitcoin (BTC)
$66,367.00 4.02726
Bitcoin price
Ethereum
Ethereum (ETH)
$3,491.36 2.27252
Ethereum price
BNB
BNB (BNB)
$593.40 4.09043
BNB price
Solana
Solana (SOL)
$169.66 8.04255
Solana price
XRP
XRP (XRP)
$0.5754320 1.05915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 1.30368
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 5.80522
Pepe price
Bonk
Bonk (BONK)
$0.0000303 14.93636
Bonk price
Bitcoin
Bitcoin (BTC)
$66,367.00 4.02726
Bitcoin price
Ethereum
Ethereum (ETH)
$3,491.36 2.27252
Ethereum price
BNB
BNB (BNB)
$593.40 4.09043
BNB price
Solana
Solana (SOL)
$169.66 8.04255
Solana price
XRP
XRP (XRP)
$0.5754320 1.05915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 1.30368
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 5.80522
Pepe price
Bonk
Bonk (BONK)
$0.0000303 14.93636
Bonk price

Digital asset investments see outflows for sixth successive week

News
Digital asset investments see outflows for sixth successive week

Investment products record outflows for the sixth week in a row.

According to a CoinShares report, the market saw an outflow of $9 million last week. Sales for the week were the lowest, amounting to $820 million. This figure is significantly lower than the average of $1.3 billion.

As was the case a week earlier, there is a divergence in sentiment from a regional perspective. Capital inflows reached $16 million in Europe, where investors see recent regulatory disappointment as an opportunity. At the same time, U.S. investors withdrew $14 million due to unrest in the local crypto market.

Digital asset investments see outflows for sixth successive week - 1

“A divergence in sentiment from a regional perspective was evident this week, with inflows into Europe totaling US$16m, where investors see recent regulatory disappointment as an opportunity. While U.S. investors pulled out US$14m,”

CoinShares report states.

Bitcoin-based products experienced outflows for the third week in a row. Last week, there was an outflow of $6 million. The $15 million inflow into short Bitcoin (BTC) seems surprising to analysts as there have been outflows amounting to 78% of assets under management (AuM) over the past 22 weeks, suggesting that investors are continuing to liquidate short positions.

Ethereum (ETH) recorded capital outflows for the sixth week in a row, with outflows of $2.2 million. Investment products with other altcoins have also suffered this year, with a small but steady flow of investment outflows now standing at $32 million for the year.

Analysts believe investors are becoming more discerning in the altcoin market, with continued inflows into XRP and Solana (SOL) at $0.66 million and $0.31 million, respectively.