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$62,533.00-3.27%
ETH$1,660.02-4.47%
USDT$0.9988-0.01%
USDC$0.9998+0.00%
XRP$1.10-3.16%
SOL$68.97-5.07%
TRX$0.3301-0.45%
FIGR_HELOC$1.04+0.35%
HYPE$62.57-7.36%
DOGE$0.079-5.01%
USDS$0.99960.00%
RAIN$0.0157+4.11%
LEO$9.54-0.17%
ZEC$417.90-7.62%
XLM$0.1932-6.36%
BTC$62,533.00-3.27%
ETH$1,660.02-4.47%
USDT$0.9988-0.01%
USDC$0.9998+0.00%
XRP$1.10-3.16%
SOL$68.97-5.07%
TRX$0.3301-0.45%
FIGR_HELOC$1.04+0.35%
HYPE$62.57-7.36%
DOGE$0.079-5.01%
USDS$0.99960.00%
RAIN$0.0157+4.11%
LEO$9.54-0.17%
ZEC$417.90-7.62%
XLM$0.1932-6.36%
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.