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BCH $449.80 +1.45%
LINK $9.43 +1.50%
HYPE $43.79 -3.75%
AAVE $113.74 +6.93%
SUI $0.9841 +0.20%
XLM $0.1664 +3.59%
ZEC $334.23 -2.80%

CoinShares: Last week, digital asset investment products saw outflows of $584 million

2024-06-24 18:27:47
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ChainCatcher news, CoinShares weekly report shows that the total outflow of digital asset investment products last week reached $584 million, a decrease of $1.2 billion.

The outflow amount for Bitcoin reached $630 million, but recent negative sentiment did not lead investors to increase short positions. The inflow of multi-asset products reached $98 million, indicating that investors view the weakness in the altcoin market as a buying opportunity.

Last week, global ETP trading volume also hit the lowest level since the launch of U.S. ETFs in January, with a weekly trading volume of only $6.9 billion.

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