According to PANews, CoinShares' latest weekly data shows that digital asset investment products have seen outflows for the third consecutive week, with a total net outflow of $30 million last week. Ethereum has seen an outflow of $119 million in the past two weeks, its worst performance of the year. On the contrary, multi-asset and Bitcoin ETPs have seen inflows of $18 million and $10 million, respectively.

Trading volume rose 43% to $6.2 billion last week, but was still below the year-to-date average of $14.2 billion. The United States, Brazil and Australia saw net inflows, while Germany, Hong Kong, Canada and Switzerland saw net outflows.