**Crypto Investment Products See $147M Outflows Amid Economic Data Shift**
Cryptocurrency investment products experienced $147 million in outflows last week, following a three-week period of significant inflows totaling nearly $2 billion, according to CoinShares' latest report. The outflows, from Sept. 29 to Oct. 5, were attributed to higher-than-expected economic data, which dampened hopes for significant rate cuts.
- **Bitcoin Leads Outflows:** Bitcoin (BTC) products saw the largest outflows at $159 million.
- **Ether Follows Suit:** Ether (ETH) products posted $28.9 million in outflows.
- **Multi-Asset Products Shine:** In contrast, multi-asset products attracted $29 million in inflows, marking their 16th consecutive week of gains.
CoinShares noted a 15% increase in trading volumes for exchange-traded products, despite lower volumes in broader crypto markets.