The headline for this week's Fund Flows Report is:Investor jitters over the Merge prompt outflows from Ethereum.
- Digital asset investment products saw outflows totalling US$63m, the 5th consecutive week of outflows.
- The outflows remain relatively small in size, totalling US$99m over the last 5 weeks, while volumes remain only 46% of this year’s average at US$1bn for the week.
- Ethereum was the primary focus of the outflows, totalling US$62m last week, this comes despite the improved certainty of the Merge and perhaps highlights a concern amongst investors that the event might not go as planned.