CoinShares: $1.7 billion outflow of digital asset investment products last week

According to CoinShares data, digital asset investment products experienced a second consecutive week of fund outflows last week, totaling $1.7 billion, with a global net outflow of $1 billion since the beginning of the year. Bitcoin funds flowed out of $1.32 billion, Ethereum flowed out of $308 million, and Ripple (XRP) and Solana flowed out of $43.7 million and $31.7 million, respectively. Short selling Bitcoin funds flowed in $14.5 million, and the asset management scale has increased by 8.1% since the beginning of the year.