CoinShares: Digital asset investment products saw a net outflow of $454 million last week

According to market news, CoinShares' latest weekly report data shows that last week, digital asset investment products recorded a net outflow of $454 million, with a cumulative outflow of $1.3 billion over the past four days, nearly offsetting the $1.5 billion net inflow since the beginning of the year. This is mainly due to the weakening expectations of a Federal Reserve interest rate cut in March.

The U.S. market saw a net outflow of $569 million, while Germany, Canada, and Switzerland recorded inflows of $58.9 million, $24.5 million, and $21 million, respectively. Bitcoin and Ethereum experienced outflows of $405 million and $116 million, respectively; while Solana, XRP, and Sui saw inflows of $32.8 million, $45.8 million, and $7.6 million, respectively.