Signs of a Market Bottom? Slowdown in Net Outflows from Cryptocurrency Investment Products

James Butterfill, the head of research at cryptocurrency investment firm CoinShares, reported on the 9th that the total fund flows for digital asset investment products, including ETFs, last week amounted to a net outflow of approximately $1.9 billion (about 29.1 billion yen).

Butterfill noted a clear slowdown in outflows, suggesting that, based on past patterns, this could be a turning point in investor sentiment. He indicated that there might be a potential bottoming out in the market prices of these investment products.

The following graph shows the weekly progression of fund flows across all digital asset investment products...