$BTC $BNB $ETH Ethereum-based crypto investment products saw negative outflows for the fourth consecutive week despite positive inflows into other crypto-based investment products.
Ethereum saw $22.5 million worth of outflows last week, in contrast with most of the other top altcoins, according to an April 8 report by CoinShares.
“Digital asset investment products saw continued positive sentiment with inflows totalling US$646m last week. inflows year-to-date at US$13.8bn are at their highest ever level, now far surpassing the US$10.6bn seen in 2021.”
Ethereum’s fourth consecutive week of outflows came despite other top altcoins recording positive inflows. According to the report, Litecoin registered $4.4 million worth of weekly inflows, followed by Solana with $4 million and Filecoin with $1.4 million.