CoinShares reported $126 million in outflows from digital asset investment products. Short BTC investors injected $1.7 million in products to bet on lower prices.
Despite the outflows, Bitcoin products like spot ETFs sustained inflows of over $555 million month-to-date. General digital asset investment trading volume experienced an uptick to $21 billion week-on-week, up from $17 billion last week.
However, ETF volumes retracted to 31% of total volume across approved exchanges due to a pullback in investor confidence. The U.S. saw the largest outflows amounting to $145 million.
Ether investment products saw outflows totaling $29 million as the token marked an 11% downswing amid a widespread market correction in the past week.
