The sentiment is steadily improving for Bitcoin.
- Digital asset investment products saw minor inflows totalling US$8.8m, while trading volumes reached a new 2-year low of US$677m for the week.
- Bitcoin saw inflows totalling US$17m, sentiment has been steadily improving since mid-November with inflows since then now totalling US$108m.
- Blockchain equities continue to suffer, with outflows totalling US$6.6m last week, likely due to investor concerns over the crypto mining sector, which continues to suffer from low crypto prices, rising debt interest costs and rising energy price.
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