With a year-to-date net inflow of $Capital flight from digital asset investment products “cooled off” last week, causing outflows to drop to a low of $11.2 million, digital asset investment firm CoinShares found in a newLast week’s $11.2 million liquidity exit from crypto funds represented a 93% decrease from the $168 million in outflows recorded the previous week. According to, that week’s outflows were the largest since the US regulatory crackdown on exchanges in March 2023.
CoinShares opined that last week’s decline in activity might be due to negative sentiment taking a “turn.” However, despite the low activity, trading volume rallied above the year-to-date average by 90%. During the period under review, trading volume totaled $2.8 billion.
With the gradual re-emergence of positive sentiment, the king coin recorded minor inflows of $3.8 million last week. The report stated that the coin remained in a YTD net inflow of $269 million. Continuing its trend of outflows, Short-Bitcoin products suffered a liquidity exit of $3.3 million last week. This was its 19th week of consecutive funds outflow, “with total assets under management having fallen 48% from this year’s peak,” CoinShares said.