The outflow of funds from cryptocurrency investment products from February 11 to 17 amounted to the maximum since December 2022 $31.7 million against $6.8 million a week earlier.

The negative trend was formed despite the prevailing market sentiment - AUM of digital asset managers reached the maximum since August 2022 $31.53 billion.

Traditional bitcoin funds saw an outflow of $24.8 million versus an inflow of $10.9 million a week ago. Structures which allow to open shorts on the first cryptocurrency invested $3.7 million (in the previous reporting period they withdrew $3.5 million).

In altcoins there were mainly outflows of funds. Ethereum-based products amounted to $7.2 million, Cosmos - $1.6 million, Polygon - $0.8 million, Avalanche - $0.5 million.

Outflows from products based on various altcoins amounted to $2.3 million. The negative dynamics continued for the twelfth week in a row.