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CoinShares: Last week, digital asset investment products saw outflows of $240 million.
[CoinShares: Last week, digital asset investment products saw an outflow of $240 million] CoinShares’ latest weekly report shows that digital asset investment products experienced a total outflow of $240 million last week, possibly in response to recent U.S. trade tariff news posing a threat to economic growth. Nonetheless, the total assets under management remain at a significantly stable level of $132.6 billion, rising by 0.8% over the week. This resilience is particularly notable compared to other asset classes, such as the MSCI World Equities, which fell 8.5% during the same period, highlighting the robustness of digital assets amid economic uncertainty. Regionally, negative sentiment is widespread, with the largest capital outflows occurring in the United States and Germany, totaling $210 million and $17.7 million, respectively. Canadian investors view the recent market turmoil as an opportunity to increase their positions, with an inflow of $4.8 million. Funds mainly flowed into Bitcoin, with an outflow of $207 million and a total inflow of $1.3 billion year-to-date.