Digital Asset Investment Sees Significant Outflows Amid U.S. Market Pressure

According to Foresight News, CoinShares' latest weekly report reveals that digital asset investment products experienced an outflow of $812 million last week. Despite this, the year-to-date inflows remain robust at $39.6 billion, nearing last year's record levels. The United States led the outflows with $1 billion, indicating a concentration of negative sentiment in the region. In contrast, Switzerland saw inflows of $126.8 million, Canada $58.6 million, and Germany $35.5 million, suggesting that the negative sentiment is primarily confined to the U.S. Bitcoin faced significant pressure with outflows of $719 million, while Ethereum saw $409 million in outflows. However, Solana attracted substantial inflows of $291 million, driven by anticipation of a U.S. ETF launch. This indicates a varied investor sentiment across different digital assets and regions.