Attention all blockchain enthusiasts📢! The latest CoinShares weekly report reveals an interesting phenomenon: digital asset investment products saw a total of $500 million in outflows💸 last week. Among them, Grayscale alone recorded a massive $220 million in outflows😱! But fret not, as Grayscale's outflows have started to slow down📉, with daily total flows continuing to decline.
Meanwhile, newly launched US ETFs attracted a total of $1.8 billion in inflows over the week📈. Since their inception on January 11, 2024, inflows have reached an impressive $5.94 billion🎉. While outflows from digital asset investment products raise concerns, the inflows into US ETFs continue to show strong momentum💪. Bullish sentiment for Bitcoin remains🚀, so let's keep a close eye on global regulatory developments, industry trends, and cryptocurrency news in the blockchain space!