CoinShares data: Digital asset investment products saw a net outflow of $513 million last week

ChainCatcher news, according to CoinShares data, digital asset ETPs experienced an outflow of $513 million following a liquidity cascading event.

The outflow was primarily concentrated in the U.S. market, reaching $621 million, while investors in Germany, Switzerland, and Canada took the opportunity to buy the dip, recording inflows of $54.2 million, $48 million, and $42.4 million, respectively. Bitcoin became the main target for outflows, with a weekly outflow of $946 million, bringing the year-to-date inflow down to $29.3 billion, below the $41.7 billion seen in 2024.

In contrast, investors viewed the weak price of Ethereum as a buying opportunity, with a weekly inflow of $205 million, including $457 million into 2x leveraged ETPs, indicating investor confidence. Driven by expectations of ETP listings, Solana and XRP recorded inflows of $156 million and $73.9 million, respectively. Despite the outflows, ETP trading volume remained high at $51 billion.