CoinShares has reported a significant $2 billion net outflow from digital asset exchange-traded products (ETPs) last week, primarily due to monetary policy uncertainty and large-scale selling by crypto whales. The U.S. was the major contributor, accounting for 97% of the outflow, equivalent to $1.97 billion, while Germany experienced a $13.2 million inflow despite the prevailing negative sentiment globally. Bitcoin and Ethereum were the most affected, with outflows of $1.38 billion and $689 million, respectively. In contrast, there was a $69 million inflow into multi-asset ETPs, and investors increased their short positions on Bitcoin, reflecting a strategic shift in investment preferences.