CoinShares: $446 million flowed out of digital asset investment products last week.

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According to CoinShares' latest Odaily, digital asset products saw an outflow of $446 million last week, bringing the total outflow since October 10th to $3.2 billion, indicating that market sentiment has not yet fully recovered.

The outflows were primarily concentrated in the US, while Germany saw continued inflows, suggesting selective buying during the recent price weakness. The XRP and Solana ETFs have consistently attracted inflows since their launch, a stark contrast to the sustained outflows from Bitcoin and Ethereum during the same period.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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