CoinShares: Digital Asset Investment Products Outflow $584 million Last Week

CoinShares' latest weekly report shows that digital asset investment products saw outflows for the second consecutive week last week, totaling $584 million, a total decrease of $1.20 billion. Bitcoin gold outflows reached $630 million, but the recent negative sentiment did not lead investors to increase their short positions. Inflows into various asset products reached $98 million, indicating that investors see weakness in the counterfeit products market as a buying opportunity. Last week, global ETP trading volume also hit the lowest level since the launch of US ETFs in January, with weekly trading volume of only $6.90 billion.