The latest weekly report released by CoinShares shows that in the week ending April 28, digital asset investment products saw a net outflow of $72.1 million, marking the second consecutive week of net outflows.

Analysts believe this is investors' reaction to the possibility of further interest rate hikes. Bitcoin investment products saw the largest outflows, totaling $45.5 million. Ethereum investment products experienced their largest weekly outflows since TheMerge in September, with investors withdrawing $19.2 million. #crypto2023 #Binance #加息