CoinShares: Digital asset investment products saw a net outflow of $414 million last week, the first net outflow in five weeks.

CoinFeed reported on March 30th that, according to CoinShares' latest weekly report, digital asset investment products saw their first net outflow in five weeks, amounting to approximately $414 million. This decline was attributed to the protracted conflict in Iran and rising market expectations for a June interest rate hike by the Federal Reserve, bringing total assets under management down to around $12.9 billion. Regionally, the United States saw the largest net outflow at $445 million, becoming the primary seller; Germany and Canada, on the other hand, recorded net inflows of $21.2 million and $15.9 million, respectively.