Data: CoinShares, digital asset investment products saw net outflows of $454 million last week
According to ChainCatcher, citing market sources and the latest weekly report from CoinShares, digital asset investment products recorded a net outflow of $454 million last week, with a cumulative outflow of $1.3 billions over the past four days, almost offsetting the $1.5 billions net inflow at the beginning of the year. The main reason is the weakened expectation of a Federal Reserve interest rate cut in March.
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
Visa Tightens Memecoin Card Codes After Digital-Media Classification
REX launches 2x leveraged ETF tied to Bitcoin treasury firm Strive
No, Morgan Stanley Not Selling BTC: Onchain Data
Tether issues 500 million USDT on the Solana blockchain
