Blog

Home News CoinShares: Digital Asset Investment Products Saw Net Outflows of $513 Million Last Week

CoinShares: Digital Asset Investment Products Saw Net Outflows of $513 Million Last Week

CoinShares: Digital Asset Investment Products Saw Net Outflows of $513 Million Last Week

BlockBeats News, October 20th, CoinShares released its latest weekly report stating that digital asset ETPs saw a net outflow of $513 million on October 10th after a liquidity cascade event, but ETP investors overall remained subdued.

The outflows were mainly concentrated in the United States (with a net outflow of $621 million), while Germany, Switzerland, and Canada saw inflows as investors bought the dip.

Related articles