Golden Finance reports that according to the latest weekly report from CoinShares, digital asset investment products broke the trend of outflows that lasted for five consecutive weeks, with a total inflow of 644 million USD. The total assets under management have risen by 6.3% compared to the low point on March 10.
Bitcoin attracted $724 million in inflows, ending a five-week streak of outflows totaling $5.4 billion. Meanwhile, short-term Bitcoin investment products experienced outflows for the third consecutive week, totaling $7.1 million.
The sentiment in the altcoin market is mixed. Ethereum has experienced the most severe outflow of funds, with $86 million leaving. Other notable altcoins with significant outflows include Sui ($1.3 million), Polkadot ($1.3 million), Tron ($950,000), and Algorand ($820,000).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
