Express

Ethereum Investment Products Saw A Outflow Of $50 Million Last Week, The Highest Outflow Record Since 2015

Mary Liu

Summary: According to a report released by CoinShares on Monday, Ethereum investment products saw a net outflow of $50 million last week, which was the largest record since 2015.  Bitcoin investment products saw a net outflow for the seventh consecutive week, totaling $1.3 million. The outflow of digital asset investment products totaled $44 million for the ...

According to a report released by CoinShares on Monday, Ethereum investment products saw a net outflow of $50 million last week, which was the largest record since 2015. 

Bitcoin investment products saw a net outflow for the seventh consecutive week, totaling $1.3 million.

The outflow of digital asset investment products totaled $44 million for the fourth consecutive week. According to the report, as negative sentiment is still widespread, since mid-May, the total weekly net outflow reached $313 million, accounting for 0.8% of the total asset under management (AuM).

By Mary Liu

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 8 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 12 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago
  • You need to login to comment.