Bitcoin and Solana help break 6-week streak of outflows from digital asset funds

- Flows into digital asset investment products foreshadowed Monday’s price spike in Bitcoin and the broader cryptocurrency market as a total of $21 million flowed into various funds in the week ending Sept. 29, breaking a 6-week streak of outflows.

“Earlier in the week it looked as if it would be another week of outflows, with the inflows coming late in the week in what we believe is a reaction to a combination of positive price momentum, fears over US government debt prices and the recent quagmire over government funding,” said James Butterfill, head of research at CoinShares.Despite the rising prices, Butterfill said “volumes remain seasonally low in both the investment product market and the broader crypto market.

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