CoinShares: Digital asset investment products saw outflows of $240 million last week
latest weekly report from CoinShares shows that digital asset investment products saw a total outflow of $240 million last week, which may be a response to the recent threat to economic growth posed by the US trade tariff news. However, the total assets under management remained at a significant stable level of $132.6 billion, increasing by 0.8% in a week. Compared to other asset classes, this resilience is particularly notable, as the MSCI World Equities index fell by 8.5% during the same period, highlighting the stability of digital assets in times of economic uncertainty.
In terms of regions, negative sentiment is widespread, with the largest outflows of funds coming from the US and Germany, at $210 million and $17.7 million respectively. Canadian investors see the recent market volatility as an opportunity to increase their positions, with an inflow of $4.8 million.
Funds are mainly flowing into Bitcoin, with an outflow of $207 million, and a total inflow of $1.3 billion year-to-date.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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