Digital asset investment products experienced a net outflow of $1.67 billion last week, marking the third consecutive week of withdrawals, according to CoinShares' latest report. This represents the second-largest weekly outflow of the year, following the record set on January 23. Over the past three weeks, total outflows have reached $4.21 billion, driven by geopolitical risks related to Iran, which have overshadowed positive developments from the CLARITY Act. Bitcoin products saw a significant outflow of $1.438 billion last week, the largest weekly outflow this year, reducing the year-to-date net inflow from $3.9 billion to $1.2 billion. Ethereum products also faced outflows, with $257 million withdrawn. Interest in altcoins has waned, with only a few assets like XRP, Hyperliquid, and Near recording net inflows exceeding $1 million.