Asset Management Platform
COINSHARES INTERNATIONAL LTD
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Digital Asset Fund Flows | July 24th, 2023
Minor outflows in Bitcoin, investors favouring Ethereum.
Digital asset investment products saw minor outflows totalling US$6.5m, following 4 prior weeks of inflows that totalled US$742m.
Bitcoin was the primary focus, as has recently been the case, seeing US$13m of outflows, while short bitcoin investment products saw outflows for the 13th consecutive week totalling US$5.5m.
Ethereum topped the leaderboard last week, seeing US$6.6m inflows, suggesting sentiment, which has been poor this year, is slowly beginning to turn around.
