CoinShares: Digital asset investment products saw inflows totalling $43.7million last week
2022/11/21 11:08
According to CoinSharesWeekly Report data, digital asset investment products saw inflows totalling $43.7million last week. Short investment product inflows represented 75% of the total inflows suggesting on aggregate sentiment was deeply negative for the asset class, while total AuM is now at the lowest point in 2 years at $22 billion. Bitcoin saw inflows totalling $14 million, but when offset by the inflows into short investment products the net flows were a negative $4.3 million. AuM on Short-Bitcoin is now at $173m, close to the high of $186 million. Ethereum saw the largest inflows on record into short-Ethereum investment products totalling $14 million. A raft of outflows were seen across altcoins totalling $6 million.
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