📉 Crypto Market Fluctuations Continue! 📉
- According to a CoinShares report, $1.76 billion inflows were made to digital asset investment products. Investors see price declines as buying opportunities.
- Total assets under management (AuM) fell to $750 billion, but rose back to $850 billion.
- ETP trading volume is well above normal at $190 billion.
- Ethereum pulled $1.55 billion in the last market correction, reaching a total of $8.62 billion this year.
- Bitcoin saw an inflow of $13 million at the end of the week, despite an outflow at the beginning of the week.
- Short Bitcoin ETPs experienced the largest outflow since May 2023: $16 million. This shows that investors are largely closing their positions.