CoinShares: Last week, net outflows from digital asset investment products totaled $88 million, marking the eighth consecutive week of fund outflows.
According to data from the CoinShares weekly report on June 12th, digital asset investment products saw a net outflow of $88 million last week, marking the eighth consecutive week of outflows. The total outflow of funds over the past eight weeks amounts to $417 million. Of this amount, Bitcoin outflows totaled $51.6 million, accounting for 1.2% of total assets under management (AuM) over the eight-week period. Ethereum saw a fund outflow of $35.6 million, the largest single-week outflow since the merger in September last year.