Digital asset investment products experienced a net outflow of $1.94 billion in the week ending November 22, according to CoinShares' latest report. This marks the third largest weekly outflow since 2025, contributing to a four-week cumulative outflow of $4.92 billion, or 2.9% of total assets under management. Bitcoin and Ethereum were significantly impacted, with outflows of $1.27 billion and $589 million, respectively. However, both cryptocurrencies showed signs of recovery by Friday, with Bitcoin seeing net inflows of $225 million and Ethereum $57.5 million. Meanwhile, short Bitcoin products continued to attract investment for the third consecutive week, with their asset size increasing by 119% year-to-date. In contrast, XRP recorded a positive inflow of $89.3 million, defying the broader trend.