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Digital Asset Fund Flows | October 16th 2023

Sentiment steadily improving, with another week of inflows

  • Digital asset investment products saw inflows for the 3rd consecutive week totalling US$15m, although trading volumes remain 27% below the 2023 average.

  • Bitcoin saw US$16m inflows last week, bringing the year-to-date inflows to US$260m, while short-bitcoin saw inflows of US$1.7m last week too.

  • Last week was not positive for altcoins in general, with Tezos, Litecoin and Chainlink seeing outflows totalling US$0.25m, US$0.28m and US$0.31m respectively.

Download this week's full report below.