According to ChainCatcher, according to the latest weekly report of CoinShares, a total of $30 million flowed into digital asset investment products last week. As recent macroeconomic data suggests that the Federal Reserve is less likely to cut interest rates by 50 basis points in September, the weekly trading volume of investment products fell to $7.6 billion, close to 50% of the previous week.
Bitcoin saw the most significant inflows, totaling $42 million, while funds short Bitcoin ETFs saw outflows for the second consecutive week, totaling $1 million.
Ethereum only received $4.2 million inflow last week; in addition, due to the sharp drop in Meme coin trading volume, Solana had a net outflow of $39 million, setting a record for the highest single-week outflow.
