CoinShares: Digital Asset Investment Products Saw Net Outflows of $1.94 Billion Last Week, Marking the Third Largest Outflow Since 2018
BlockBeats News, November 24th, according to the latest weekly report released by CoinShares, last week saw a total outflow of $1.94 billion from digital asset investment products, with a four-week cumulative outflow of $4.92 billion, marking the third largest outflow since 2018. Bitcoin and Ethereum led the outflows, although both showed signs of recovery on Friday, while funds shorting Bitcoin continued to flow in strongly. Among altcoins, Solana saw an outflow of $156 million, while XRP went against the trend with an inflow of $89.3 million.
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