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Digital asset investment products witnessed $305 million in outflows last week, with negative sentiment widespread among various providers and regions. CoinShares attributes this to stronger-than-expected economic data from the United States, which has lowered the probability of a 50-basis point interest rate reduction. The asset manager further expects that as the Federal Reserve approaches a […]

Digital asset investment products attracted $533 million in inflows last week, the biggest in over a month, following Jerome Powell’s hint at the Jackson Hole Symposium that an interest rate cut might occur in September. While trading volumes were lower than in recent weeks, these products still totaled $9 billion for the past seven days.