Coinshares reported a fourth consecutive week of digital asset investment product outflows.
Outflows totaled $17 million last week ,with bitcoin leading the way. Short-bitcoin saw inflows for a third week, this time totaling $1.8 million.
The poor sentiment likely represents continued investor concerns over regulatory uncertainty for the asset class, the firm said.
The price of bitcoin is down more than 7% over the past two weeks.
Source: https://www.theblock.co/post/217381/coinshares-reports-fourth-consecutive-week-of-digital-asset-investment-product-outflows?utm_source=rss&utm_medium=rss