CoinShares: Digital Asset Investment Products Saw $223 Million in Outflows Last Week
According to a report by Jinse Finance, the latest report from a certain exchange shows that digital asset investments experienced net outflows for the first time in 15 weeks last week, with total outflows reaching $223 million by the end of the week. The week started strong, with inflows amounting to $883 million, but this trend reversed in the latter half of the week, likely triggered by a hawkish FOMC meeting and a series of better-than-expected U.S. economic data. Bitcoin saw outflows of $404 million this week. Nevertheless, year-to-date inflows remain robust at $20 billion. Despite facing headwinds later in the week, Ethereum still achieved net inflows for the 15th consecutive week, totaling $133 million, indicating strong market optimism for the asset. XRP, Solana, and SEI also received solid support, with inflows of $31.2 million, $8.8 million, and $5.8 million, respectively. Aave and Sui saw inflows of $1.2 million and $800,000, respectively.
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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