PiCK
"Last Week's Crypto Asset Investment Products See $240 Million Net Outflow... Tariff Impact"
Summary
- According to a CoinShares report, it was revealed that $240 million was net outflowed from crypto asset investment products last week.
- Bitcoin-related products saw the largest net outflow of $207 million, while XRP was the only one to record a net inflow of $4.5 million.
- The U.S. saw the largest net outflow of $210 million by country, while Canada and Brazil saw net inflows of $4.8 million and $1.4 million, respectively.
Last week, it was revealed that $240 million was net outflowed from global crypto asset (cryptocurrency) investment products.
On the 7th (local time), CoinShares reported this in a report, stating, "The recent tariff policy of U.S. President Donald Trump has negatively impacted the crypto asset market."
The asset with the largest net outflow was Bitcoin (BTC)-related products, with a total of $207 million net outflow. Ethereum (ETH) and Solana (SOL) saw outflows of $37.7 million and $1.8 million, respectively. XRP was the only one to record a net inflow of $4.5 million.
By country, the U.S. had the largest net outflow amount. $210 million was net outflowed from U.S. crypto asset investment products, while Germany and Switzerland saw net outflows of $17.7 million and $8.3 million, respectively. On the other hand, Canada and Brazil saw net inflows of $4.8 million and $1.4 million, respectively.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
