##  [# Short-Bitcoin Digital Assets AUM Fell by $27M](/sections/bitcoin-crypto/short-bitcoin-digital-assets-aum-fell-27m) 

 

# Short-Bitcoin Digital Assets AUM Fell by $27M

 

 

 Plus, ethereum posts a third consecutive week of outflows.



 

 

 

 

 [![JamesButterfill310x310](/sites/default/files/styles/author_image_icon/public/2023-08/JamesButterfill310x310.png?itok=uNqgiAyR)](/contributors/james-butterfill) 

[By James Butterfill](/contributors/james-butterfill)

 Dec 05, 2022

 Edited by: James Butterfill

 

 

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**Takeaways**

- Digital asset investment products saw minor outflows totalling US$7.5m, although this figure is misleading as the majority of the outflows were from short investment products.
- Sentiment towards Bitcoin improved last week with inflows totalling US$11m, while also seeing outflows from short-Bitcoin products totalling US$11m.
- Ethereum continues to suffer from minor negative sentiment, posting a 3rd consecutive week of outflows totalling US$4m. We believe worries over the lack of clarity on the timing of un-staking is responsible.

Digital asset investment products saw minor outflows totalling US$7.5m, although this figure is misleading as the majority of the outflows were from short investment products. Long-only saw minor inflows totalling US$3.3m with sentiment remaining mixed in the asset class. Investment product volumes summed to just US$753m last week, versus an average of US$2bn a week this year, suggesting low participation amongst investors.

![](/sites/default/files/images/image_1_1.png)

Sentiment towards Bitcoin improved last week with inflows totalling US$11m, while also seeing outflows from short-Bitcoin products totalling US$11m. Recent positive price action and outflows in short-bitcoin saw total assets under management (AuM) fall from their all-time high end-November of US$188m to US$161m last week.

Regionally, the inflows were focussed on Canada and Germany totalling US$12m and US$3.2m respectively. The US saw the most outflows totalling US$15m, 75% of which were outflows from short investment products.

![](/sites/default/files/images/image_2_1.png)

Ethereum continues to suffer from minor negative sentiment, posting a 3rd consecutive week of outflows totalling US$4m. We believe worries over the lack of clarity on the timing of un-staking is responsible.

Litecoin and Polkadot saw outflows of US$0.9m and US$0.4m, while Solana and Polygon saw inflows of US$0.2m and US$0.3m respectively.

![](/sites/default/files/images/image_3.png)

![](/sites/default/files/images/image_4.png)

![](/sites/default/files/images/image_5.png)

![](/sites/default/files/images/image_6.png)

![](/sites/default/files/images/image_7.png)

![](/sites/default/files/images/image_8.png)

![](/sites/default/files/images/image_9.png)

*Contact James Butterfill at <research@coinshares.com>*



 

 

 [ James Butterfill Head of Research and Investment Strategy ](/contributors/james-butterfill) 

 

 

  James Butterfill has over 19 years of experience in fund management, investment banking, economics and asset allocation, gained most recently as an…   [View Bio](/contributors/james-butterfill)

 



 

 


 Related Topics  [Bitcoin](http://www.etf.com/topics/bitcoin) 

 [Crypto](http://www.etf.com/topics/cryptocurrency)