Coinshares reports fourth consecutive week of digital asset investment product outflows

Coinshares reported a fourth consecutive week of digital asset investment product outflows. 

Outflows totaled $17 million last week ,with bitcoin leading the way. Short-bitcoin saw inflows for a third week, this time totaling $1.8 million. 

The poor sentiment likely represents continued investor concerns over regulatory uncertainty for the asset class, the firm said.

The price of bitcoin is down more than 7% over the past two weeks.