Bitcoin leads investor activity with $159 million in outflows; But multi-active products shine

Digital asset investment products saw outflows of less than $147 million over the past week, likely driven by stronger-than-expected economic data that dampened expectations for substantial rate cuts.

Trading volumes for ETP investment products rose slightly by 15% to $10 billion, while overall crypto market volumes remained lower.

According to the latest edition of the Digital Asset Fund Flows Weekly Report, Bitcoin got a significant focus from investors.

Over the past week, Bitcoin saw outflows of $159 million, while short Bitcoin products saw inflows of $2.8 million. Despite reversing a five-week slide last week, Ethereum fell again, with $29 million in outflows as interest in the asset remained weak.

On the positive side, multi-asset (multi-currency) investment products brought in $29 million, marking 16 consecutive weeks of inflows. This streak has accumulated $471 million in the past year, representing 10% of total assets under management. Since June, multi-asset products have attracted investors looking for more diversified portfolios.

Solana also recorded $5.3 million in weekly receipts. Next in suit was Litecoin, with $0.9 million in inflows, followed by XRP and Cardano, with $0.3 million in inflows each over the same period.

Canada and Switzerland showed an upward trend, with inflows of $43 million and $35 million, respectively. Minor entries were also seen in Australia and Brazil, with $2 million and $0.8 million in the past week.

On the other hand, the US, Germany and Hong Kong recorded notable outflows of $209 million, $8.3 million and $7.3 million, while Sweden recorded outflows of $2.1 million during the week

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