PANews reported on March 30th that, according to CoinShares' latest weekly report, digital asset investment products saw their first net outflow in five weeks, amounting to approximately $414 million. This decline was attributed to the protracted conflict in Iran and rising market expectations for a June interest rate hike by the Federal Reserve, bringing total assets under management down to around $12.9 billion. Regionally, the US saw a net outflow of $445 million, becoming the main seller; Germany and Canada recorded net inflows of $21.2 million and $15.9 million, respectively. By asset class, Ethereum was dragged down by news related to the Clarity Act, experiencing a weekly outflow of $222 million, bringing its year-to-date net outflow to $273 million, making it the worst-performing asset. Bitcoin saw an outflow of $194 million, but still maintained a year-to-date net inflow of $964 million. Shorting Bitcoin products received another $4 million in inflows, Solana saw an outflow of $12.3 million, while XRP bucked the trend, recording a net inflow of $15.8 million.
CoinShares: Digital asset investment products saw a net outflow of $414 million last week, the first net outflow in five weeks.
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Author: PA一线
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