CoinShares: Digital asset investment products saw a net outflow of $876 million last week

According to the latest weekly report data from CoinShares, digital asset investment products saw capital outflows for the fourth consecutive week, totaling $876 million. Due to the dual impact of price declines and continued outflows, the total assets under management (AuM) decreased by $39 billion from its peak to $142 billion, the lowest point since mid-November 2024.

Last week, $756 million flowed out of Bitcoin, and short Bitcoin also saw outflows of $19.8 million, the largest outflow since December 2024. Various altcoins also saw outflows, including Ethereum ($89 million), Tron ($32 million), and Aave ($2.4 million). On the other hand, Solana, XRP, and Sui continued to see inflows, totaling $16.4 million, $5.6 million, and $2.7 million respectively.

Blockchain-related stock ETPs also failed to escape negative sentiment, with outflows of $48 million last week.