Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 99,514.83 +85.19

Volume 105: CoinShares Digital Asset Fund Flows Weekly Report - Mixed Sentiment Following The FOMC Announcement Last Week

Date 07/11/2022

  • Digital asset investment products saw minor outflows totalling US$15.6m last week, and a bad start to the month with outflows totalling US$19m.
  • Bitcoin saw outflows totalling US$13m for the week. This follows a 7-week run of inflows and comes after the FOMC raised interest rates by a further 75 basis points.
  • Short-Bitcoin investment products also saw outflows for the 3rd consecutive week totalling US$7.1m, bringing total outflows to US$28m.
  • XRP saw inflows for the 3rd week totalling US$1.1m implying improving investor confidence as the SEC case against Ripple looks increasingly fragile.

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