According to the latest weekly report from CoinShares, the inflow of digital asset investment products increased slightly last week, reaching $48 million. Although the inflow was close to $1 billion in the first half of the week, the release of new macroeconomic data and the minutes of the Federal Reserve meeting (indicating that the US economy will strengthen and the Federal Reserve's stance will be more hawkish) led to an outflow of $940 million in the second half of the week. This suggests that the honeymoon period after the US election has ended, and macroeconomic data has once again become the main driver of asset prices. Last week, the total inflow for Bitcoin reached $214 million, although it experienced the largest outflow relative to other digital assets later in the week, it remains the best-performing asset, with inflows of $799 million so far this year. Ethereum suffered the biggest losses last week, with an outflow of $256 million, which we believe is due to a broader sell-off in tech stocks, rather than any specific issues with the asset. In contrast, Solana did not experience the same pressure, attracting $15 million in inflows. XRP saw inflows of $41 million last week, mainly driven by political and legal factors, with the inflow indicating an increase in optimism ahead of the January 15 SEC appeal deadline.