CoinShares: Net outflow of digital asset investment products reached $876 million last week

CoinRank News: According to the latest weekly data from CoinShares, digital asset investment products have seen outflows for the fourth consecutive week, totaling $876 million. Affected by the dual impact of falling prices and continued outflows, total assets under management (AuM) fell by $39 billion from the peak to $142 billion, the lowest point since mid-November 2024. Bitcoin saw an outflow of $756 million last week, and short Bitcoin also saw an outflow of $19.8 million, the largest outflow since December 2024. Multiple altcoins also saw outflows, including Ethereum ($89 million), Tron ($32 million), and Aave ($2.4 million). In contrast, 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 $48 million of funds outflowed last week.