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According to a recent CoinShares report, digital asset-based investment products saw an outflow of $32 million between February 13th and February 19th.
According to CoinShares, Bitcoin (BTC) investment products recorded an outflow of $24.8 million over the same period. reportand accounted for 77.5% of the total. Short bitcoin investment products, on the other hand, registered $3.7 million inflows.
Ethereum (ETH) and Polygon (MATIC) based investment products also saw outflows of $7.2 million and $800,000, respectively. Meanwhile, investments in Binance and Ripple (XRP) recorded $300,000 inflows each.
Breaking outflows by provider organization, CoinShares Physical appears to have recorded the most significant outflow at $11.6 million.
3iQ and CI Investments followed CoinShares Physical in second and third place with outflows of $4.4 million and $3.1 million, respectively.
The report also notes that blockchain stocks recorded $9.6 million in inflows during the week of February 13-19, marking the sixth consecutive week of inflows.
The digital asset investment, which saw an outflow of over $30 million in a single week, first appeared on CryptoSlate.
