CoinShares: Last week, digital asset investment products experienced an outflow of $251 million, marking the fourth consecutive week of outflows

ChainCatcher news, CoinShares' latest data shows that global digital asset investment products experienced outflows for the fourth consecutive week last week, totaling $251 million. This marks the first significant outflow for newly issued Bitcoin ETFs in the U.S., amounting to $156 million.

A highlight is the successful launch of Bitcoin and Ethereum spot ETFs in Hong Kong, which saw an inflow of $307 million in the first week of trading.

It is reported that Bitcoin remains the primary target for outflows, totaling $284 million. Notably, Ethereum ended its seven-week streak of outflows, with an inflow of $30 million last week. Several altcoins, including Avalanche, Cardano, and Polkadot, also saw inflows.