CoinShares: Digital asset investment products saw outflows of $528 million last week.

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According to CoinShares' latest weekly report, digital asset investment products saw their first outflow in four weeks, totaling $528 million, with ETP volume totaling $14.8 billion last week, accounting for a below-average 25% of the entire market. Price adjustments at Friday's close caused a $10 billion evaporation in total assets under management for ETPs. Bitcoin outflows totaled $400 million, the first outflow after five weeks of inflows, while short Bitcoin saw its first measurable inflow since June, with an inflow of $1.8 million. Ethereum outflows totaled $146 million, bringing net outflows to $430 million since the ETF launched in the United States. Blockchain stocks continue to see outflows, with another $18 million flowing out last week, in line with outflows from a broad range of technology-related ETFs.

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