Stronger macro data prompts a downturn in sentiment with US$305m outflows
Digital asset investment products saw outflows totalling US$305m last week, with widespread negative sentiment evident across various providers and regions. $Bitcoin (BTC.CC)$
![Stronger macro data prompts a downturn in sentiment with US$305m outflows](https://sgsnsimg.moomoo.com/sns_client_feed/182252300/20240902/29339abe923c06e39d41d2baea86a177.jpg/big?area=105&is_public=true)
The negative sentiment was focussed on Bitcoin, seeing US$319m in outflows. Short bitcoin investment products saw a second consecutive week of inflows totalling US$4.4m.
Ethereum saw US$5.7m outflows, while trading volumes stagnated, reaching only 15% of the levels seen during the US ETF launch week.
![Stronger macro data prompts a downturn in sentiment with US$305m outflows](https://sgsnsimg.moomoo.com/sns_client_feed/182252300/20240902/2f3416c8caa5313b408248be35f74859.jpg/big?area=105&is_public=true)
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