CoinShares: Digital Asset Investment Products Saw Net Outflows of $1.17 Billion Last Week

BlockBeats News, November 10th, CoinShares released its latest weekly report stating that digital asset investment products saw net outflows for the second consecutive week, totaling $1.17 billion, mainly impacted by liquidity chain fluctuations and uncertainty around a potential US interest rate cut.

Bitcoin and Ethereum saw outflows of $932 million and $438 million, respectively. Altcoins showed relative strength, with Solana leading the way with $118 million in inflows last week, totaling $2.1 billion over the past 9 weeks.