CoinShares: Last week, net outflows from digital asset investment products reached nearly 21 million dollars

2023-07-31 17:59:28

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According to ChainCatcher news and CoinShares weekly report data, last week, digital asset investment products experienced a net outflow of $20.9 million, with 93% of the outflow coming from long Bitcoin investment products. Meanwhile, short Bitcoin products saw outflows for the 14th consecutive week, with a total outflow of $3.1 million last week. Investors showed a preference for altcoins (excluding Ethereum), with a total inflow of $3 million last week and a cumulative inflow of $19 million over the past 8 weeks. In the first half of the year, the inflow of digital assets approached $500 million. Additionally, last week, the trading volume of digital asset investment products dropped to $915 million, while the average weekly trading volume so far this year has been $1.5 billion.

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