Digital Asset Investments Recorded Over $30M Outflows in a Week

Digital-asset-based investment products recorded $32 million of outflows between Feb. 13 and Feb. 19, according to a recent CoinShares report.

Bitcoin (BTC) investment products saw $24.8 million in outflows in the same timeframe, according to the CoinShares report, which accounts for 77.5% of the total amount. On the other hand, Short-Bitcoin investment products recorded $3.7 million in inflows.

Ethereum (ETH) and Polygon (MATIC) based investment products also saw $7.2 million and $800,000 of outflows, respectively. Binance and Ripple (XRP) investments, on the other hand, recorded $300,000 inflows each.

When the outflows are categorized by the providing organization, CoinShares Physical appears to record the most significant outflows at $11.6 million.

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