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Outflows Of US$107m As Profit Taking Continues - CoinShares: Fund Flows

Date 07/08/2023

  • Digital asset investment products saw outflows this week, totalling US$107m with profit taking gathering pace in recent weeks.
  • Bitcoin was again the primary focus, seeing outflows totalling US$111m, the largest weekly outflows since March.
  • Altcoins sentiment seems to be improving though and offset the outflows in Bitcoin and Ethereum. Solana saw the largest inflows, totalling US$9.5m.

 

 

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