5th Consecutive Week Of Outflows of US$32m, Poor Sentiment Focussed On BTC - CoinShares: Fund Flows

• Digital asset investment products saw outflows totalling US$32m, representing the 5th consecutive week of outflows totalling US$232m.
• The outflows in Bitcoin of US$33m represented most of the negative sentiment, as it has done over the last 5 weeks.
• Altcoins, with the exception of Ethereum (US$1m outflow), saw inflows, most notable of which were Avalanche and Litecoin.

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