TechFlow news, according to the Digital Asset Fund Flow Weekly Report released on September 4 by James Butterfill, Research Director at CoinShares, liquidity in digital asset investment products has decreased, with a relatively small outflow totaling $1.12 billion. Negative sentiment over the past seven weeks has accumulated to $342 million. Despite lower liquidity, trading volumes remain significantly above average, reaching a total of $2.8 billion this week, which is 90% higher than the year-to-date average.
Polygon and Ethereum saw outflows of $8.6 million and $3.2 million respectively. Bitcoin recorded inflows of $3.8 million, while short Bitcoin products experienced outflows for the 19th consecutive week, totaling $3.3 million, with assets under management down 48% from their peak this year. Solana registered inflows for the ninth consecutive week, amounting to $700,000. Year-to-date inflows into Solana have reached $26 million, which, according to CoinShares, indicates it is the "investors' favorite altcoin."
