##  [# Crypto Price Gains Offset Outflows](/sections/bitcoin-crypto/crypto-price-gains-offset-outflows) 

 

# Crypto Price Gains Offset Outflows

 

 

Digital assets investment products saw a sixth consecutive week of outflows, bringing the total six-week run of outflows to US$115 million.



 

 

 

 

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

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

 Aug 17, 2021

 Edited by: James Butterfill

 

 

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**Takeaways**

- Digital assets investment products saw a 6th consecutive week of outflows totalling US$22m, bringing the total 6 week run of outflows to US$115m.
- Despite the continued negative sentiment, it comes at a time of low investor participation likely due to seasonal effects as seen in other asset classes.
- Bitcoin continues to be the main release valve for investors, with outflows totalling US$22m last week.
- Multi-asset investment products, a stalwart during this most recent negative sentiment, saw minor outflows totalling US$0.3m, the first time since June 2020.

![](/sites/default/files/images/charts/CryptoPrice_1.jpg)

![](/sites/default/files/images/charts/CryptoPrice_Table1.jpg)

![](/sites/default/files/images/charts/CryptoPrice_Table2.jpg)

Digital assets investment products saw a 6th consecutive week of outflows totalling US$22m, bringing the total 6 week run of outflows to US$115m. This is now the longest run of consecutive outflows since January 2018 although it is proportionally far less, representing only 0.2% of assets under management (AuM) compared to nearly 5% in 2018.

Despite the continued negative sentiment, it comes at a time of low investor participation likely due to seasonal effects as seen in other asset classes. Volumes are now at US$3.1bn per week in investment products compared to US$7bn per week in May, representing only 4% of total trading turnover compared to 7% in May. In contrast, sentiment looks to be recovering in the overall crypto market judging by recent price rises, this has pushed total investment product AuM to US$55bn, rising 10% week-on-week.

Bitcoin continues to be the main release valve for investors, with outflows totalling US$22m last week.

Ethereum and Binance both saw minor outflows totalling US$1.1m and US$0.9m respectively. While multi-asset investment products, a stalwart during this most recent negative sentiment, saw minor outflows totalling US$0.3m, the first time since June 2020.

![](/sites/default/files/images/charts/CryptoPrice_2.jpg)

![](/sites/default/files/images/charts/CryptoPrice_3.jpg)

![](/sites/default/files/images/charts/CryptoPrice_4.jpg)

![](/sites/default/files/images/charts/CryptoPrice_5.jpg)

![](/sites/default/files/images/charts/CryptoPrice_6.jpg)

![](/sites/default/files/images/charts/CryptoPrice_7.jpg)

*Contact James Butterfill at [research@coinshares.com](mailto:research@coinshares.com "Follow link")*



 

 

 [ 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) 

 [Blockchain](http://www.etf.com/topics/blockchain)