CoinShares latest weekly report shows that digital asset investment products last week outflows of $147 million. Last week's economic data was higher than expected, reducing the possibility of a major interest rate cut, which may be the reason for the weak investor sentiment.
Regionally, Canada, like Switzerland, showed a bullish trend, with inflows of $43 million and $35 million, respectively. The United States, Germany and Hong Kong saw outflows of $209 million, $8.30 million and $7.30 million, respectively.
Bitcoin money flowed out of $159 million, while short bitcoins flowed into $2.80 million. Ethereum saw $29 million in outflows last week, and investor interest in the asset remains low.
CoinShares: Digital Asset Investment Products Outflow $147 million Last Week
2024-10-07 09:06:21
Coinshares latest weekly report display digital assets investment products weekly outflowsdesk3cryptocurrencydesktopCrypto News
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