Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Digital asset investment products experienced $16 million in capital outflows last week, ending 11 consecutive weeks of net inflows

Digital asset investment products experienced $16 million in capital outflows last week, ending 11 consecutive weeks of net inflows

CointimeCointime2023/12/18 08:12
By:Cointime

According to the latest "Digital Asset Fund Flow Weekly Report" released by CoinShares on December 18th, digital asset investment products recently experienced a small-scale capital outflow of a total of $16 million, ending the trend of continuous capital inflows for 11 weeks. However, trading activity is still far higher than the average level this year, with a total trading volume of $3.6 billion last week.

This slight capital outflow was mainly concentrated in the United States, with outflows of about $18 million, while Germany also saw a small outflow of $10 million. At the same time, Canada and Switzerland continued to see inflows of $6.9 million and $9.1 million, respectively. This mixed regional flow trend indicates that this is more due to profit-taking rather than a change in sentiment towards this asset class.

Among specific digital asset categories, Bitcoin experienced the largest capital outflow, reaching $33 million last week, while products shorting Bitcoin also saw a small outflow of $300,000. In contrast, other cryptocurrencies represented by Solana, Cardano, XRP, and Chainlink achieved a capital inflow of $21 million.

Ethereum and Avalanche were slightly affected, with capital outflows of $4.4 million and $1 million, respectively. At the same time, blockchain stocks continued to receive positive sentiment support, attracting a large amount of capital inflows of $122 million last week, bringing the cumulative inflows of the past 9 weeks to $294 million, setting a new record high.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Subscribe to TANSSI Savings and enjoy up to 15% APR

Bitget Announcement2025/07/15 11:00

TACUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/15 10:40

Bitget Spot Bot adds PUMP/USDT

Bitget Announcement2025/07/15 08:00