CoinShares: Last week, the net outflow of digital asset investment products was 55 million US dollars

Odaily Planet Daily News CoinShares latest weekly report shows that last week, the net outflow of digital asset investment products was 55 million US dollars, of which Bitcoin outflow was 42 million US dollars, and short-selling Bitcoin investment products had outflows for almost the 17th consecutive week; Ethereum outflow was 9 million $900,000, $600,000, and $500,000 from Polygon, Litecoin, and Polkadot, respectively. Last week’s panic caused total assets under management (AUM) to drop by 10%, closing at $32.3 billion by the end of last week. Outflows were mainly concentrated in Canada and Germany, with US$36 million and US$11 million respectively; Swiss inflows were US$3.5 million. Blockchain stocks also failed to shake off the negative sentiment, with $6 million in outflows last week.