Share this article
BTC
$93,466.21
-
0.37%ETH
$1,759.72
-
2.47%USDT
$1.0004
+
0.01%XRP
$2.1937
-
1.72%BNB
$599.86
-
1.17%SOL
$150.98
-
0.32%USDC
$0.9998
+
0.01%DOGE
$0.1798
+
0.39%ADA
$0.7147
+
1.78%TRX
$0.2457
-
0.40%SUI
$3.3039
+
10.41%LINK
$14.93
-
1.51%AVAX
$22.22
-
1.51%XLM
$0.2792
+
4.29%LEO
$9.2691
+
1.71%SHIB
$0.0₄1356
+
0.43%TON
$3.1745
-
0.66%HBAR
$0.1870
+
2.97%BCH
$351.72
-
1.99%LTC
$83.94
+
0.63%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Digital Asset Fund Inflows Fall to Lowest Level Since October
Bitcoin prices fell 14% during the seven days through April 23, while ether rose 18%..
Inflows to digital asset products declined to $1.3 million during the week ending April 23, down from $233 million the prior week, according to a Monday report from CoinShares, a digital asset investment firm.
The latest figure marks the lowest level of weekly inflows since October 2020.
- “The low inflows overall mask varied flows among digital assets. Outflows were primarily focused on bitcoin (BTC) with $21 million, being the largest weekly outflow on record," according to CoinShares.
- However, Ethereum products saw inflows of $34 million last week and $792 million for the year to date.
- Bitcoin prices fell 14% during the seven days through April 23, while ether (ETH) rose 18%.
- Trading volumes among investment products remained at a low of 5% of total bitcoin volumes last week, according to CoinShares.
Damanick Dantes
Damanick was a crypto market analyst at CoinDesk where he wrote the daily Market Wrap and provided technical analysis. He is a Chartered Market Technician designation holder and member of the CMT Association. Damanick is also a portfolio strategist and does not invest in digital assets.
