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Digital Asset Fund Flows Weekly Report

From blog.coinshares.com

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 week. ... (full story)

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  • Category: Fundamental Analysis