CoinShares' latest weekly report shows that digital asset investment products saw a total net outflow of $360.00 million last week, mainly due to investors interpreting Federal Reserve Chairman Powell's comments on potential rate cuts in December as hawkish, leading to market uncertainty.The United States led the outflow, with net outflows of $439.00 million, while Germany and Switzerland recorded small net inflows of $32.00 million and $30.80 million, respectively, partially offsetting the U.S. outflows.Bitcoin outflows amounted to $946.00 million. In contrast, Solana attracted net inflows of $421.00 million, the second highest on record, with funds mainly flowing into the newly launched U.S. ETF, bringing its year-to-date net inflows to $3.30 billion. Ethereum also recorded net inflows of $57.60 million.[Odaily]
CoinShares' latest weekly report shows that digital asset investment products saw a total net outflow of $360.00 million last week, mainly due to investors interpreting Federal Reserve Chairman Powell's comments on potential rate cuts in December as hawkish, leading to market uncertainty.The United States led the outflow, with net outflows of $439.00 million, while Germany and Switzerland recorded small net inflows of $32.00 million and $30.80 million, respectively, partially offsetting the U.S. outflows.Bitcoin outflows amounted to $946.00 million. In contrast, Solana attracted net inflows of $421.00 million, the second highest on record, with funds mainly flowing into the newly launched U.S. ETF, bringing its year-to-date net inflows to $3.30 billion. Ethereum also recorded net inflows of $57.60 million.[Odaily]
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