TechFlow News, December 23 — CoinShares' latest report shows that digital asset investment products saw total inflows of $308 million last week. However, on December 19 alone, there was a massive outflow of $576 million, with cumulative outflows reaching $1 billion over the final two days of the week. Affected by the Federal Reserve's hawkish rate hike stance, the total assets under management (AUM) for digital asset ETPs shrank by $17.7 billion.
Among the assets, Ethereum recorded $51 million in net inflows, while Solana saw outflows of $8.7 million. Multi-asset investment products experienced outflows of $121 million, whereas XRP, Horizen, and Polkadot registered inflows of $8.8 million, $4.8 million, and $1.9 million respectively, indicating investors are adopting a more selective investment strategy.
