According to a report by CoinShares, digital asset investment funds experienced a net outflow of $54 million in the week ending May 14, marking the fourth consecutive week of outflows. The outflows were widespread across regions, indicating a negative sentiment among investors. Bitcoin-related products accounted for $38 million of the outflows, with bitcoin outflows over the past four weeks reaching $160 million. However, there were inflows across eight different altcoins, including Cardano, Tron, and Sandbox, suggesting that investors are becoming more selective and adventurous.
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