[CoinShares: Digital asset investment products saw net outflows of $414 million last week, marking the first net outflow in five weeks] According to the latest weekly report from CoinShares, digital asset investment products experienced net outflows for the first time in five weeks, totaling approximately $414 million. This was influenced by the prolonged Iran conflict and rising market expectations for a Federal Reserve rate hike in June, bringing total assets under management down to around $12.9 billion. Regionally, the U.S. recorded net outflows of $445 million, becoming the primary seller, while Germany and Canada saw net inflows of $21.2 million and $15.9 million, respectively. By asset type, Ethereum was impacted by news related to the Clarity Act, resulting in weekly outflows of $222 million, with year-to-date cumulative net outflows expanding to $273 million, making it the worst-performing asset. Bitcoin saw outflows of $194 million but still maintained year-to-date net inflows of $964 million. Short Bitcoin products attracted an additional $4 million in inflows. Solana experienced outflows of $12.3 million, while XRP defied the trend with net inflows of $15.8 million.