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- Digital asset investment products saw outflows for the 5th consecutive week totalling US$255m, the largest single weekly outflows on record representing 1.0% of total assets under management (AuM).
- AuM has fallen by 10% over the week, retracing back to levels seen at the beginning of 2023. The outflows have also wiped out all the inflows seen this year.
- Bitcoin, being the largest digital asset, was the primary focus, seeing outflows totalling US$244m last week. Short-bitcoin also saw outflows totalling US$1.2m.
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