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CoinShares: Outflows from digital asset investment products totaled $876 million last week, the fourth consecutive week of outflows

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According to a report by CoinShares Research, digital asset investment products experienced the fourth consecutive week of outflows, with outflows totaling $876 million last week, bringing the total outflows during this negative trend to $4.75 billion. Despite the slowdown in the pace of outflows, investor sentiment remains bearish. Regionally, U.S. investors were the most pessimistic, withdrawing $922 million, while other regions such as Switzerland, Canada, and Germany saw this as a buying opportunity, with inflows of $23 million, $14.7 million, and $13.3 million, respectively. Bitcoin became the main focus, with outflows of $756 million and Ethereum outflows of $89 million last week. In contrast, Solana, XRP, and Sui continued to attract inflows of $16.4 million, $5.6 million, and $2.7 million, respectively.

BTC-2.8%
ETH-4.19%
SOL-3.61%
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