8th Consecutive Week Of Outflows, Altcoins Faring Better This Year - CoinShares: Fund Flows

• Digital asset investment products saw outflows totalling US$88m, bringing this 8-week run of outflows to US$417m. We believe that this is monetary policy related, with currently no clear end in sight to interest rate rises, leaving investors cautious.
• Ethereum saw outflows of US$36m, the largest single week of outflows since the Merge.
• Altcoins have seen inflows year-to-date, in stark contrast to Bitcoin and Ethereum.

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