CoinShares: $39 million net outflows from digital assets last week
2023/05/31 04:53
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
CoinShares reported net outflows of $39 million from digital assets last week, the sixth consecutive week of outflows, which totaled $272 million (0.8% of total assets under management). Of this, bitcoin investment products saw a net outflow of $11 million last week. Cryptocurrencies also saw outflows last week, with Algorand seeing 65% of its AUM outflows last week ($8 million) and Ether outflows of $5.9 million.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
Crypto prices
MoreBitcoin
BTC
$78,708.88
+1.32%
Ethereum
ETH
$2,465.66
+1.29%
Tether USDt
USDT
$1
+0.01%
BNB
BNB
$695.62
+1.06%
XRP
XRP
$1.4
+0.97%
USDC
USDC
$1
+0.02%
Solana
SOL
$106.15
+2.37%
TRON
TRX
$0.3407
+0.63%
Hyperliquid
HYPE
$83.59
+2.67%
Zcash
ZEC
$844.49
+4.14%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now