Digital asset investment rose by $308 million last week, but this was eclipsed by a large outflow of $576 million on December 19. The last two days of the week saw outflows of $1 billion. 📉
While the outflows are significant, they only represent 0.37% of total AuM. Bitcoin ended the week with a net inflow of $375 million, indicating strong market sentiment. At the same time, Bitcoin shorts attracted just $0.4 million.
On the altcoin front, XRP led the way with an inflow of $8.8 million, followed by Horizen and Polkadot. Ethereum continued its positive trend, attracting $51 million, while Solana experienced an outflow of $8.7 million.
The United States led the list for digital asset inflows with $567 million, while Switzerland recorded the largest outflow of $95.1 million.