bitcoin sees strong inflows while multi-asset products face significant losses

Bitcoin attracted $375 million in net inflows despite market volatility, following a period of significant outflows.

Overall Digital Asset Investment Products

The overall digital asset investment products experienced a total inflow of $308 million, but this was overshadowed by recent outflows.

The decline in total assets under management for Digital Asset Exchange-Traded Products (ETPs) was influenced by the hawkish stance of the Federal Reserve.

Bitcoin's Performance

Bitcoin's performance stood out, ending the week with a net positive.

Altcoins

XRP, Horizen, and Polkadot were among the altcoins that attracted inflows, indicating a selective approach among investors.

Global Digital Asset Inflows

The United States dominated digital asset inflows, followed by Brazil and Australia.

Switzerland, Germany, and Canada experienced outflows, suggesting a potential shift in investor confidence.

Investor Sentiment

The complexities of investor sentiment in the digital asset landscape are highlighted by these contrasting trends.

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