TechFlow News, according to CoinShares data, digital asset investment products saw outflows totaling $435 million for the third consecutive week, marking the largest outflow since March this year. Last week, ETP trading volume dropped to $11.8 billion. The majority of outflows came from Grayscale, which experienced outflows of $440 million, the lowest level in nine weeks.
Outflows were concentrated solely in Bitcoin and Ethereum, at $423 million and $38 million respectively. Solana, Litecoin, and Chainlink saw inflows of $4 million, $3 million, and $2.8 million respectively.
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