CoinShares: Last week, digital asset investment products saw a net outflow of $876 million, marking the fourth consecutive week of outflows

PANews reported on March 10 that according to CoinShares' latest weekly report, digital asset investment products have seen outflows for the fourth consecutive week, totaling $876 million. Although this indicates a slowdown in the pace of outflows, investor sentiment remains bearish. Cumulative outflows during this period have now reached $4.75 billion, reducing inflows so far this year to $2.6 billion. Affected by falling prices and continued outflows, total assets under management (AuM) fell by $39 billion from its peak to $142 billion, the lowest point since mid-November 2024. Regionally, U.S. investors were the most bearish, withdrawing $922 million, while most other regions saw this as a buying opportunity, most notably Switzerland, Canada, and Germany, with inflows of $23 million, $14.7 million, and $13.3 million, respectively.

Bitcoin was the main focus, with $756 million in outflows last week, although short Bitcoin also saw outflows of $19.8 million, the largest outflow since December 2024. Multiple altcoins also saw outflows, most notably Ethereum ($89 million), Tron ($32 million), and Aave ($2.4 million). Conversely, Solana, XRP, and Sui continued to see inflows, totaling $16.4 million, $5.6 million, and $2.7 million, respectively. Blockchain-related stock ETPs also failed to escape negative sentiment, with $48 million in outflows last week.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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