Coinshares reports fourth consecutive week of digital asset investment product outflows

Quick Take

  • Bitcoin continues to see the greatest outflows, while shorts on the cryptocurrency are seeing inflows.

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.

RELATED INDICES

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


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Christiana is a long-time journalist who has written about markets in the Americas, politicians who stashed cash in their underwear and high-end heels, to name just a few. She previously spent six years at Bloomberg, and her work has appeared in the WSJ, LA Times, Insider, Vogue Business and more. Christiana has a bachelor's degree in English from Pace University and a master's degree in journalism from New York University. She completed a master's degree in media psychology for fun.

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