CoinShares: Last week, digital asset investment products saw outflows of $726 million, matching the largest outflow record

Odaily Odaily News CoinShares' latest weekly report shows that the total outflow of digital asset investment products last week reached $726 million, which is comparable to the largest outflow record set in March this year. Analysis pointed out that this negative sentiment was driven by stronger-than-expected macroeconomic data last week, which increased the possibility of a 25 basis point interest rate cut by the Federal Reserve. Among them, the total outflow of Bitcoin funds was $643 million, and the short Bitcoin funds inflow was $3.9 million; the total outflow of Ethereum funds was $98 million, and Solana had the largest inflow of funds among all crypto assets, totaling $6.2 million.