CoinShares data shows Solana investment products registering a $39 million outflow, while Bitcoin investment products saw modest inflows.
Solana exchange-traded products (ETPs) were the least favorite trade for institutional investors as they experienced the most outflows amid modest inflows into crypto funds.
In its Digital Asset Funds Weekly Report published on Aug. 12, asset manager CoinShares revealed that crypto asset investment products saw minor inflows totaling $30 million for the week ending Aug. 16.
Source: CoinShares