CoinShares: Total outflows from digital asset investment products reached $435 million last week

Golden Finance reported that according to the CoinShares weekly report, digital asset investment products saw outflows for the third consecutive week last week, with a total outflow of $435 million, the largest outflow since March this year. ETP trading volume fell to $11.8 billion last week, compared with $18 billion the previous week, while the price of Bitcoin fell 6%. Fund outflows were concentrated only in Bitcoin and Ethereum, at $423 million and $38 million, respectively. Other popular currencies such as Solana, Litecoin, and Chainlink continued to inflow $4 million, $3 million, and $2.8 million, respectively.