Digital asset investment products recorded a net outflow of $812 million last week, according to CoinShares' latest data. This movement was influenced by strong US macroeconomic data, which reduced expectations for interest rate cuts. Despite this, the year-to-date net inflows remain robust at $39.6 billion.
The US experienced a significant net outflow of approximately $1 billion, while Switzerland, Canada, and Germany saw net inflows of $126.8 million, $58.6 million, and $35.5 million, respectively. By asset class, Bitcoin and Ethereum faced net outflows of $719 million and $409 million, respectively. In contrast, Solana and XRP attracted net inflows of $291 million and $93.1 million. Monthly net inflows reached approximately $4 billion, nearing last year's record of $48.6 billion. Notably, there was no increase in demand for Short Bitcoin products.
Digital Asset Investment Products Experience $812 Million Net Outflow
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