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Negative Sentiment On The Turn? | CoinShares Fund Flows Report

Date 04/09/2023

  • Digital asset investment product flows cooled off, with relatively minor outflows totalling US$11.2. This run of negative sentiment over the last 7 weeks now totals US$342m.
  • Despite little activity on flows, trading volumes were much higher than average, totalling US$2.8bn for the week, 90% above the YTD average.
  • Polygon and Ethereum saw US$8.6m and US$3.2m outflow respectively. While Solana, saw inflows for the 9th consecutive week totalling US$0.7m.

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