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MU $792.87 +4.60%
AMD $563.83 +4.99%

CoinShares: Last week, digital asset investment products saw outflows of $726 million, comparable to the largest outflow record

2024-09-09 19:02:48

ChainCatcher news, CoinShares' latest weekly report shows that the total outflow of digital asset investment products reached $726 million last week, equivalent to the largest outflow record set in March this year. Analysis indicates that this negative sentiment was driven by stronger-than-expected macroeconomic data from last week, which increased the likelihood of a 25 basis point rate cut by the Federal Reserve.

Among them, the total outflow of Bitcoin funds was $643 million, with short Bitcoin inflows of $3.9 million; the total outflow of Ethereum funds was $98 million, while Solana saw the highest inflow among all crypto assets, totaling $6.2 million.

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