Digital asset investment products saw outflows totalling a weekly record of $73 million, the fifth week of outflows.
Digital-asset investment products saw $73 million of outflows during the seven days through Jan. 14, according to a report published Monday by the crypto firm CoinShares. The redemptions accumulate to $532 million over the five weeks, cutting industrywide assets under management across all funds to $56.1 billion.
However, the report noted that on a daily basis, for the first time this year, there were inflows on Wednesday and Friday of last week.
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