Asset Management Platform
COINSHARES INTERNATIONAL LTD
CS Bitcoin Hourly Reference Rate
Digital Asset Fund Flows | September 4th 2023
Minor outflows, but inflows for Bitcoin, is negative sentiment on the turn?
Digital asset investment product flows cooled off, with relatively minor outflows totalling US$11.2. This run of negative sentiment over the last 7 weeks now totals US$342m.
Despite little activity on flows, trading volumes were much higher than average, totalling US$2.8bn for the week, 90% above the YTD average.
Polygon and Ethereum saw US$8.6m and US$3.2m outflow respectively. While Solana, saw inflows for the 9th consecutive week totalling US$0.7m.
