PANews reported on April 22 that according to the latest weekly report from CoinShares, last week, digital asset investment products had a net inflow of $6 million, and Bitcoin ended with a small outflow of $6 million. Investment products that shorted Bitcoin also saw an outflow of $1.2 million, the seventh consecutive week of outflows, totaling $36 million, accounting for 40% of total assets under management.
Ethereum continued to underperform, with outflows of $26.7 million last week, bringing the total outflows over the past eight weeks to $772 million. Despite this, Ethereum still ranked second with a net inflow of $215 million so far this year.
XRP was the standout performer, with $37.7 million in inflows last week, making it the third most successful asset this year with $214 million in net inflows year-to-date.
