-
Digital Asset Fund Flows Weekly Report
Record US$423m outflows last week while short-Bitcoin saw inflows of US$15m. chart • Digital asset investment products saw outflows totalling US$423m last week, the largest since records began by a wide margin. • The outflows occurred on 17th June but were reflected in last week’s figures due to trade reporting lags, and likely responsible for Bitcoin’s decline to US$17,760 that weekend. • The outflows were solely focussed on Bitcoin, which saw net outflows for the week totalling US$453m. • Short-Bitcoin saw inflows totalling US$15m due to the launch of the first US-based short investment product last ... (full story)