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Last Week's Digital Asset Investment Products Saw $75 Million Outflow... $580 Million Inflow in the First 3 Days of the New Year

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Minseung Kang
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  • It was reported that last week, digital asset investment products saw a $75 million outflow.
  • During the first three days of this year, digital asset investment products recorded a $580 million inflow.
  • According to the report, there was a record $44.2 billion inflow last year, influenced by Bitcoin ETFs.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Image = CoinShares Report CaptureImage = CoinShares Report Capture

Last week, $75 million was withdrawn from digital asset investment products.

On the 6th (local time), the cryptocurrency management company CoinShares reported in its 'Weekly Digital Asset Investment Product Fund Flow' report that "$75 million was withdrawn from digital asset investment products last week." Although digital asset investment products experienced some outflows at the end of last year, $580 million was recorded as inflows during the first three days of this year.

The report stated, "Last year, digital asset investment products saw a record inflow of $44.2 billion. This is four times the net inflow of $10.5 billion in 2021," explaining that "the increase in fund inflows is largely due to the impact of Bitcoin (BTC) spot ETFs listed in the United States."

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Minseung KangholderBadgeholderBadge dark

minriver@bloomingbit.ioBloomingbit reporter