- Digital asset investment products saw outflows totalling US$9.7m, highlighting continued mild negative sentiment that has persisted for the last 3 weeks.
- Bitcoin saw minor outflows, totalling US$6.5m, for the 3rd week in a row implying sentiment at the beginning of 2023 remains negative. Over the same period short-bitcoin investment products saw minor inflows of US$1.2m.
- XRP bucked the trend with inflows totalling US$3m representing 9% of total AuM. We believe due to the improving clarity on its legal case with the SEC.
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