bullish

Litecoin

Solana

Bitcoin

Digital asset investment products recorded minor outflows of $147 million over the past week, likely driven by stronger-than-anticipated economic data that reduced expectations for substantial rate cuts.
ETP investment product trading volumes rose slightly by 15% to $10 billion, while overall crypto market volumes remained lower.
Bitcoin saw significant investor focus, <a href="https://blog.coinshares.com/volume-203-digital-asset-fund-flows-weekly-report-a6be2c3600de?gi=26d811eff428" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">according</a> to the latest edition of Digital Asset Fund Flows Weekly Report.
Over the past week, Bitcoin saw outflows reaching $159 million, while short-Bitcoin products recorded inflows of $2.8 million. Despite <a href="https://cryptopotato.com/ethereum-breaks-losing-streak-with-87-million-inflows-coinshares/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">reversing</a> the five-week decline last week, Ethereum yet again experienced a downturn, with $29 million in outflows as interest in the asset stayed weak.
On the positive side, multi-asset investment products (multi-coins) brought in $29 million, marking 16 consecutive weeks of inflows. This streak has accumulated $471 million YTD, accounting for 10% of total assets under management. Since June, multi-asset products have attracted investors looking for more diversified portfolios.
Solana also recorded $5.3 million in weekly inflows. Next up was the Litecoin suit, with $0.9 million in inflows, followed by XRP and Cardano, with $0.3 million in inflows each during the same period.
Canada and Switzerland both showed a bullish trend, with inflows of $43 million and $35 million, respectively. Minor inflows were also seen in Australia and Brazil, with $2 million and $0.8 million over the past week.
On the other hand, the US, Germany, and Hong Kong saw notable outflows of $209 million, $8.3 million, and $7.3 million, while Sweden reported $2.1 million in outflows for the week.
The post <a href="https://cryptopotato.com/bitcoin-leads-investor-activity-with-159m-in-outflows-but-multi-asset-products-shine/" rel="noopener noreferrer nofollow">Bitcoin Leads Investor Activity with $159M in Outflows; But Multi-Asset Products Shine</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Bitcoin Leads Investor Activity with $159M in Outflows; But Multi-Asset Products Shine

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