The outflows from crypto investment products in the last week followed a series of inflows totaling nearly $2 billion in the previous three weeks.
Cryptocurrency investment products posted outflows last week after several weeks of significant inflows, according to crypto investment firm CoinShares.
In its latest Digital Asset Fund Flows Weekly Report, released on Oct. 7, CoinShares said that digital asset investment products saw $147 million in outflows during the week from Sept. 29 to Oct. 5.
The outflows followed inflows of nearly $2 billion in the previous three weeks, with crypto products hitting $1.2 billion in inflows in one week from Sept. 22 to Sept. 28.
