According to CoinShares data, digital asset investment products registered a total of $17 million in small outflows from February 27 to March 3, marking the fourth consecutive week of outflows.

“Volume across investment products was low at $844 million per week” as sentiment in the region began to shift, the report quotes. Last week in the US he recorded a $7.6 million inflow, while in Europe he recorded $23 million worth of outflows.

Blockchain stock investors also showed bullish sentiment throughout the week, recording $1.6 million worth of inflows.

Flow by asset

Bitcoin (BTC)-based investment products recorded $20.1 million worth of outflows, while short bitcoins recorded a total inflow of $1.8 million. data clearly.

Flow by Asset (Source: CoinShares)
Flow by Asset (Source: CoinShares)

According to the data, Binance (BNB) and Cosmos (ATOM) also recorded $380,000 and $210,000 worth of outflows respectively.

On the other hand, most altcoins flowed in the same week. Ethereum (ETH) and Solana (SOL) based investment products recorded inflows of $700,000 and his $300,000 respectively. Multi-asset products also increased an additional $800,000.

Flow by provider

The report also revealed that despite the positive sentiment experienced by altcoins, the majority of providers have recorded outflows.

Flows by Provider (Source: CoinShares)
Flows by Provider (Source: CoinShares)

All significant providers, except ProShares and Purpose, recorded outflows during the week of February 26th to March 3rd. CoinShares XBT and Physical saw a combined outflow of $1.8 million.

21Shares, CI Investments, and others posted $7.3 million, $0.9 million, and $15.6 million, respectively. Meanwhile, ProShares and Purpose increased by an additional $8.3 million and $400,000 respectively.

By Jules

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