PANews reported on August 25th that according to CoinShares' latest weekly data, digital asset investment products saw outflows of $1.43 billion last week, the largest outflow since March, with ETP trading volume surging to $38 billion. Bitcoin saw outflows of $1 billion, while Ethereum showed resilience, with only $440 million flowing out. This brought the month-to-date inflow to $2.5 billion, while Bitcoin saw a net outflow of $1 billion. Altcoin flows were mixed: XRP (+$25 million), Solana (+$12 million), and Cronos (+$4.4 million) saw gains, while Sui (-$12.9 million) and TON (-$1.5 million) saw declines.PANews reported on August 25th that according to CoinShares' latest weekly data, digital asset investment products saw outflows of $1.43 billion last week, the largest outflow since March, with ETP trading volume surging to $38 billion. Bitcoin saw outflows of $1 billion, while Ethereum showed resilience, with only $440 million flowing out. This brought the month-to-date inflow to $2.5 billion, while Bitcoin saw a net outflow of $1 billion. Altcoin flows were mixed: XRP (+$25 million), Solana (+$12 million), and Cronos (+$4.4 million) saw gains, while Sui (-$12.9 million) and TON (-$1.5 million) saw declines.
CoinShares: Net outflow of digital asset investment products last week was $1.43 billion, the highest level since March
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PANews reported on August 25th that according to CoinShares' latest weekly data, digital asset investment products saw outflows of $1.43 billion last week, the largest outflow since March, with ETP trading volume surging to $38 billion. Bitcoin saw outflows of $1 billion, while Ethereum showed resilience, with only $440 million flowing out. This brought the month-to-date inflow to $2.5 billion, while Bitcoin saw a net outflow of $1 billion. Altcoin flows were mixed: XRP (+$25 million), Solana (+$12 million), and Cronos (+$4.4 million) saw gains, while Sui (-$12.9 million) and TON (-$1.5 million) saw declines.
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