CoinShares: Weekly Crypto Outflows Reach $206 Million as Investors Remain Skeptical

According to CoinShares, digital asset investment products experienced net outflows of $206 million last week. Global ETP trading volumes also decreased, dropping to $18 billion from $21 billion the previous week. However, total BTC trading activity continued to increase. Short-Bitcoin funds experienced around $300,000 in outflows.

Similarly, blockchain equities saw outflows amounting to $9 million, marking the 11th consecutive week of diminished confidence among crypto investors.

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