CoinShares: Digital asset investment products saw $2 billion in outflows last week

According to Foresight News, CoinShares reported that digital asset investment products saw $2 billion in outflows last week due to monetary policy uncertainty and selling by cryptocurrency native whales. The United States accounted for 97% of total outflows ($1.97 billion), while Germany bucked the trend, seeing $13.2 million in inflows amid widespread global pessimism. Bitcoin and Ethereum led the decline, with outflows of $1.38 billion and $689 million respectively, while investors turned to multi-asset ETPs (+$69 million) and added to Bitcoin short positions.

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