COINSHARES Reports $21 Million Outflow from Digital Assets; $13 Million Inflow to Short Bitcoin Products

COINSHARES: Digital asset investment products experienced a net outflow of $21 million last week, with short Bitcoin investment products receiving an inflow of $13 million.
According to COINSHARES data, there was a small outflow of funds from digital asset investment products last week, totaling $21 million, with Bitcoin experiencing a total outflow of $25 million. Bitcoin trading volume reached $11.8 billion last week. Investors saw the recent price drop as an opportunity to increase their short positions in Bitcoin investment products, resulting in an inflow of $13 million. Meanwhile, other cryptocurrencies also faced outflows, with Ethereum and Solana experiencing outflows of $14 million and $8.5 million, respectively.