CoinShares: $61.5 million in net outflows from digital assets last week

CoinShares reported net outflows of $61.5 million from digital assets last week, the seventh consecutive week of outflows, with total outflows reaching $329 million, or 1% of total assets under management.

Of that total, $2.7 million was net outflows from bitcoin products, $2.7 million from ethereum products, and $6.3 million from short bitcoin products. Last week's outflows were mainly from TRON investment products, with outflows reaching $51 million, which CoinShares speculates was due to the TRON investment product provider taking the product offline.