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Digital Asset Fund Flows | August 7th, 2023

Fund Flows by CoinShares - Weekly Crypto Asset Flows, Week 32

 

Outflows of US$107m as profit taking continues.

 

  • Digital asset investment products saw outflows this week, totalling US$107m with profit taking gathering pace in recent weeks.

  • Bitcoin was again the primary focus, seeing outflows totalling US$111m, the largest weekly outflows since March.

  • Altcoins sentiment seems to be improving though and offset the outflows in Bitcoin and Ethereum. Solana saw the largest inflows, totalling US$9.5m.

 

Download this week's full report below.

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