Ethereum-based investment products see negative outflows for 4th consecutive week

Ethereum-based crypto investment products flows declined for the fourth consecutive week, despite positive flows into the Solana ecosystem.

Ethereum-based crypto investment products saw negative outflows for the fourth consecutive week, despite positive inflows into other crypto-based investment products.

Ethereum saw $22.5 million worth of outflows last week, in contrast with most of the other top altcoins, according to an April 8 report by CoinShares.

Ethereum’s fourth consecutive week of outflows came despite other top altcoins recording positive inflows. Litecoin registered $4.4 million worth of weekly inflows, followed by Solana with $4 million, and Filecoin with $1.4 million, according to the report.

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