Asset Management Platform
COINSHARES INTERNATIONAL LTD
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Digital Asset Fund Flows | August 29st, 2023
Largest outflows since March, totalling US$168m
Digital asset investment products saw outflows totalling US$168m, the largest outflow since the US regulatory crackdown of exchanges in March 2023.
Bitcoin was the primary focus, seeing outflows last week totalling US$149m.
Many investors are continuing to sell their short positions, seeing US$4m outflows last week, with the last 18 week run of outflows representing 89% of total AuM.
