According to Foresight News, CoinShares reported that outflows from digital asset investment products totaled a record $942 million last week, the first outflow after seven consecutive weeks of inflows.
Inflows to the U.S. Bitcoin spot ETF amounted to $1.1 billion, partially offsetting Grayscale’s massive $2 billion outflow last week. The rest of the altcoin space performed well, with net inflows of $16 million, with notable ones being Polkadot ($5 million), Avalanche ($2.9 million), and Litecoin ($2 million).
