Digital Asset Investment Sees Significant Outflows Amid Market Shifts

According to PANews, recent data from CoinShares reveals that digital asset investment products experienced outflows totaling $352 million last week, with trading volumes declining by 27%. Despite this, the year-to-date inflows remain robust at $35.2 billion. The United States saw outflows of $440 million, while Germany and Hong Kong recorded inflows of $85.1 million and $8.1 million, respectively. Bitcoin attracted $524 million in inflows, whereas Ethereum faced significant outflows amounting to $912 million. Meanwhile, Solana marked its 21st consecutive week of inflows, reaching $1.16 billion year-to-date, and XRP's year-to-date inflows totaled $1.22 billion.