Investor concerns persist as crypto investment products see 4th week of outflows

cointelegraph.com:

On Mar. 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that Investors have continued to display negative sentiment toward crypto investment products, with outflows totaling $17 million.

The negative sentiment was primarily focused on Bitcoin (BTC), with outflows for the cryptocurrency totaling $20 million. In contrast, short-Bitcoin products saw inflows for a third week totaling $1.8 million, according to CoinShares data.CoinShares' data showed that "overall volumes across investment products were low at US$844m for the week," with Bitcoin market volumes 15% lower than usual, averaging $57 billion.Additionally, there seems to have been a shift in sentiment regionally, with the U.S.

experiencing inflows of $7.6 million while Europe saw outflows of $23 million.Minor inflows were also observed in other crypto assets, with Ether (ETH) and Solana (SOL) seeing drawdowns of $700,000 and 340,000, respectively.

In contrast, blockchain equity investors remained bullish, with inflows of $1.6 million last week. CoinShares suggested that investors are still keen on the underlying technology of digital assets but are wary of the regulatory environment surrounding cryptocurrencies.According to CoinShares, there was a meager increase in total assets under management (AUM) of short-Bitcoin products for the week.