CoinShares: Digital Asset Investment Products Saw $446 Million Outflow Last Week
According to CoinShares monitoring, digital asset investment products experienced a $446 million outflow last week. Regionally, the United States was the main area of outflow, with $460 million leaving; meanwhile, Germany defied the trend and attracted $35.7 million in inflows. This brings the total inflow for Germany to $248 million this month, indicating that German investors are taking advantage of recent price weakness to position themselves. XRP and Solana saw inflows of $70.2 million and $7.5 million respectively last week. Since the launch of US ETFs in mid-October, both have attracted $1.07 billion and $1.34 billion in inflows, forming a stark contrast to the outflows from Bitcoin and Ethereum.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CoinShares: Digital Asset Investment Products Saw $446 Million Outflow Last Week
According to CoinShares monitoring, digital asset investment products experienced a $446 million outflow last week. Regionally, the United States was the main area of outflow, with $460 million leaving; meanwhile, Germany defied the trend and attracted $35.7 million in inflows. This brings the total inflow for Germany to $248 million this month, indicating that German investors are taking advantage of recent price weakness to position themselves. XRP and Solana saw inflows of $70.2 million and $7.5 million respectively last week. Since the launch of US ETFs in mid-October, both have attracted $1.07 billion and $1.34 billion in inflows, forming a stark contrast to the outflows from Bitcoin and Ethereum.