CoinShares' latest 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 into multi-asset products reached $98 million, indicating that investors see weakness in the altcoin market as a buying opportunity!
Last week, global ETP trading volume also hit its lowest level since the launch of US ETFs in January, with trading volume for the week reaching only $6.9 billion!