Market Analysis
Digital Asset Funds Saw $7M in Outflows Last Week: Report
Digital asset investment products register first week of outflows after three weeks.
BTC$62,618.00-0.25%
ETH$1,784.25+0.38%
USDT$0.9988-0.04%
USDC$0.9999+0.01%
XRP$1.07-0.61%
SOL$75.19-1.62%
TRX$0.3249-1.59%
FIGR_HELOC$1.03+1.91%
HYPE$63.74-2.41%
DOGE$0.0723+0.10%
USDS$0.99970.00%
RAIN$0.0143-0.35%
LEO$9.54+0.05%
ZEC$507.59-1.85%
WBT$54.95-0.04%
BTC$62,618.00-0.25%
ETH$1,784.25+0.38%
USDT$0.9988-0.04%
USDC$0.9999+0.01%
XRP$1.07-0.61%
SOL$75.19-1.62%
TRX$0.3249-1.59%
FIGR_HELOC$1.03+1.91%
HYPE$63.74-2.41%
DOGE$0.0723+0.10%
USDS$0.99970.00%
RAIN$0.0143-0.35%
LEO$9.54+0.05%
ZEC$507.59-1.85%
WBT$54.95-0.04%
Digital asset funds saw the biggest weekly outflows in nearly two months.
Digital asset investment products register first week of outflows after three weeks.
Digital asset funds saw $76m in inflows over last week, 90% of which came from Bitcoin-related investment products.
XRP digital asset funds recorded $3m in inflows last week following new updates in the Ripple vs SEC court battle.
Digital asset inflows in 2022 stood at $433 million, the lowest since 2018.
Digital asset investment products saw $23M in outflows last week as FTX debacle impact persists.
A strong dollar is a liability for the global economy, making an in for Bitcoin.