On October 7th, according to the latest data from Coinshares, the net outflow of digital asset investment products last week was $147 million, and the higher-than-expected economic data last week may be the culprit.
Investors focused on Bitcoin, with outflows of $159 million, while short Bitcoin inflows were $2.80 million. Multi-asset investment products (multi-currency) saw inflows of $29 million, the 16th consecutive week.
From a regional perspective, Canada is as bullish as Switzerland, with inflows of 43 million dollars and 35 million dollars respectively. While the US, Germany, and Hong Kong have outflows of 209 million dollars, 8.30 million dollars, and 7.30 million dollars respectively.