- Digital asset investment products saw outflows totalling US$30m last week, ending a 6 week run of inflows.
- The outflows began the prior Friday (14th April) when Bitcoin reached the very psychological level of US$30,000, suggesting the most recent sell-off was a result of profit-taking, particularly in the absence of any macro-economic triggers.
- Ethereum saw inflows totalling US$17m last week, suggesting there is increasing confidence amongst investors following the implementation of the Shapella.
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