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Editor's PiCK

Last week saw a net outflow of $790 million from digital asset investment products... "Most of the inflows at the beginning of the year have been offset."

Source
Minseung Kang
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  • Global digital assets have recorded net outflows for three consecutive weeks, with $795 million exiting just last week.
  • Fund outflows from major virtual assets like Bitcoin and Ethereum were prominent, and most of the inflows at the beginning of the year have been offset.
  • Some altcoins showed small-scale fund inflows, but the overall market sentiment remains cautious due to tariff-related uncertainties.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Photo = CoinShares report capture
Photo = CoinShares report capture

Global digital asset investment products have been showing a bearish trend for three consecutive weeks, with a total net outflow of $795 million (approximately 1.1288 trillion KRW) occurring last week.

On the 14th, virtual asset (cryptocurrency) management company CoinShares reported in its 'Weekly Digital Asset Fund Flows' report, "The recent Trump tariff issue has significantly dampened investor sentiment in digital assets. Last week, large-scale funds also exited digital asset funds," it said. The report analyzed, "The year-to-date (YTD) inflow has sharply decreased to $165 million, which means that most of the funds that flowed in this year have been exhausted."

Bitcoin (BTC) accounted for most of the investment product outflows, with $751 million, and there was also a $4.6 million outflow from short Bitcoin products, indicating fund withdrawals from downward positions.

Ethereum (ETH) also saw a continuation of outflows amounting to $37.6 million, and some altcoins like Solana (SOL), Aave (AAVE), and Sui (SUI) saw outflows of $5.1 million, $780,000, and $580,000, respectively.

On the other hand, a few altcoins recorded fund inflows. Notably, XRP stood out among altcoins with a net inflow of $3.5 million. Additionally, Ondo (ONDO), Algorand (ALGO), and Avalanche (AVAX) also recorded small-scale inflows of $460,000, $250,000, respectively.

CoinShares evaluated, "While some price recovery has been observed as tariff-related uncertainties have eased, the overall market sentiment remains cautious."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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