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 <p class="is-style-lead">Investment products record <a rel="dofollow" title="outflows" href="https://thebittimes.com/tag/outflows.html">outflows</a> for the <a rel="dofollow" title="sixth" href="https://thebittimes.com/tag/sixth.html">sixth</a> week in a row.</p> 
 <p>According to a CoinShares report, the market saw an outflow of $9 million last week. Sales for the week were the lowest, amounting to $820 million. This figure is significantly lower than the average of $1.3 billion. </p> 
 <p>As was the case a week earlier, there is a divergence in sentiment from a regional perspective. Capital inflows reached $16 million in Europe, where investors see recent regulatory disappointment as an opportunity. At the same time, U.S. investors withdrew $14 million due to unrest in the local crypto market.</p> 
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 <blockquote class="wp-block-quote"> 
  <p>“A divergence in sentiment from a regional perspective was evident this week, with inflows into Europe totaling US$16m, where investors see recent regulatory disappointment as an opportunity. While U.S. investors pulled out US$14m,”</p> <cite>CoinShares report states.</cite>
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 <p>Bitcoin-based products experienced outflows for the third week in a row. Last week, there was an outflow of $6 million. The $15 million inflow into short Bitcoin (BTC) seems surprising to analysts as there have been outflows amounting to 78% of assets under management (AuM) over the past 22 weeks, suggesting that investors are continuing to liquidate short positions.</p> 
 <p>Ethereum (ETH) recorded capital <a rel="dofollow" title="outflows" href="https://thebittimes.com/tag/outflows.html">outflows</a> for the <a rel="dofollow" title="sixth" href="https://thebittimes.com/tag/sixth.html">sixth</a> week in a row, with <a rel="dofollow" title="outflows" href="https://thebittimes.com/tag/outflows.html">outflows</a> of $2.2 million. Investment products with other altcoins have also suffered this year, with a small but steady flow of <a rel="dofollow" title="investment" href="https://thebittimes.com/tag/investment.html">investment</a> <a rel="dofollow" title="outflows" href="https://thebittimes.com/tag/outflows.html">outflows</a> now standing at $32 million for the year.</p> 
 <p>Analysts believe investors are becoming more discerning in the altcoin market, with continued inflows into XRP and Solana (SOL) at $0.66 million and $0.31 million, respectively.</p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/digital-asset-investments-see-outflows-for-sixth-successive-week-tbt63983.html">https://thebittimes.com/digital-asset-investments-see-outflows-for-sixth-successive-week-tbt63983.html</a></p>

Digital asset investments see outflows for sixth successive week

TheBitTimes

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