On March 6, CoinShares, the European cryptocurrency investment firm, published “Digital Asset Fund Flow Report” whichrevealInvestors continued to express negative sentiment toward Crypto investment products, with total outflows of $17 million, marking the fourth consecutive week of outflows.
Bitcoin has total cryptocurrency outflows worth $20 million. There was a third-week inflow totaling $1.8 million.
CoinShares data shows that “Total volume of investment products is low at $844 million this week,” with Bitcoin market volume below normal by 15%, averaging $57 billion. In Europe there was an outflow of $23 million.
The Ether and SOL side had outflows of $700,000 and $340,000 respectively. Blockchain stocks are still on the rise. With $1.6 million inflows last week, CoinShares suggests investors remain keen on the underlying technology of digital assets. But there is caution in the regulatory environment involved. cryptocurrencies
According to CoinShares, the total assets under management (AUM) of short-Bitcoin products This week, however, despite the recent influx, short-Bitcoin products Still, it saw only a 4.2% year-over-year growth in AUM, compared to a 36% increase in Long-Bitcoin AUM.
The post Crypto Investment Products Experience Capital Outflows For the fourth week in a row, it appeared first on Bitcoin Addict.