According to ChainCatcher, CoinShares' weekly report shows that the total outflow of digital asset investment products last week reached $584 million, a decrease of $1.2 billion.
Bitcoin gold outflows reached $630 million, but recent negative sentiment has not led investors to increase short positions. Inflows of funds into multiple asset products reached $98 million, indicating that investors see the weakness of the altcoin market as a buying opportunity.
Last week, global ETP trading volume also hit its lowest level since the launch of the US ETF in January, with trading volume of only $6.9 billion that week.