CoinShares: Digital asset investment products saw their first net outflow in 15 weeks, with $404 million in Bitcoin outflows during the week.

According to a report released by CoinShares, digital asset investment products saw a net outflow of $223 million over the past week, the first time they have turned negative in 15 weeks. Despite an inflow of $883 million at the start of the week, capital flows reversed later in the week due to hawkish signals from the Federal Reserve and strong US economic data, with outflows exceeding $1 billion on Friday. Bitcoin led the decline, with outflows of $404 million during the week, but its year-to-date (YTD) net inflows remained at $20 billion, reflecting its high sensitivity to monetary policy changes. Ethereum recorded net inflows for 15 consecutive weeks, totaling $133 million. Other assets such as XRP ($31.2 million), Solana ($8.8 million), and SEI ($5.8 million) also performed well, while Aave and Sui recorded smaller inflows of $1.2 million and $0.8 million, respectively.