CoinShares: Last week, digital asset investment products only saw an inflow of 30 million dollars
According to CoinShares' latest weekly report, a total of $30 million flowed into digital asset investment products last week. Due to recent macroeconomic data suggesting that the likelihood of the Federal Reserve cutting interest rates by 50 basis points in September is small, the weekly trading volume of investment products fell to $7.6 billion, close to 50% of the previous week. Bitcoin had the most significant inflow of funds, totaling $42 million, while funds for shorting Bitcoin ETFs flowed out for the second consecutive week, totaling $1 million. Ethereum only had an inflow of $4.2 million last week; moreover due to a sharp drop in Meme coin trading volume, Solana netted an outflow of $39 million setting a record for highest single-week outflow.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Thailand Allows Foreign Tourists to Exchange Cryptocurrency for Thai Baht to Boost Tourism Industry
Bitget Launches 36th On-Chain Trading Competition with 20,000 BGB in Rewards
Trending news
MoreCrypto prices
More








