Last week, digital asset investment products experienced $240 million in outflows, likely triggered by recent US trade tariff developments that could jeopardize economic growth. However, total assets under management remained steady at $132.6 billion, reflecting a slight 0.8% increase.<\/p>\n
CoinShares stated that this stability is impressive when compared to other asset classes, such as MSCI World equities, which dropped 8.5% during the same period, highlighting the strength of digital assets in the face of economic uncertainty.<\/p>\n
According to the latest edition of CoinShares\u2019 Digital Asset Fund Flows Weekly Report<\/a>, the bulk of the outflows came from Bitcoin as $207 million left the market over the past week, which reduced its total year-to-date inflows to $1.3 billion.<\/p>\n Short-Bitcoin saw $2.8 million in inflows during the same period. Altcoin flows were quite varied, as Ethereum experienced withdrawals worth $37.7 million, and Solana and Sui saw outflows of $1.8 million and $4.7 million, respectively.<\/p>\n On the other hand, XRP saw positive movement with $4.5 million in inflows, followed by multi-asset products with $1.4 million. Toncoin, a more \u201cesoteric\u201d token, also saw a gain of $1.1 million in inflows.<\/p>\n For the second consecutive week, blockchain equities saw $8 million in inflows, with investors perceiving the recent price weakness as a chance to purchase.<\/p>\n Regional outflows were significant, with the US and Germany leading the way with $210 million and $17.7 million in outflows, respectively. Switzerland and Sweden followed with $8.3 million and $7.1 million.<\/p>\n Contrastingly, Canadian investors saw the market volatility as an opportunity to increase their positions, which resulted in inflows of $4.8 million. Brazil and Hong Kong saw more modest inflows of $1.4 million and $0.8 million, with Australia attracting $0.6 million.<\/p>\n The post Digital Asset Outflows Hit $240 Million Amid US Trade Tariff Concerns<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Last week, digital asset investment products experienced $240 million in outflows, likely triggered by recent US trade tariff developments that could jeopardize economic growth. However, total assets under management remained steady at $132.6 billion, reflecting a slight 0.8% increase. CoinShares stated that this stability is impressive when compared to other asset classes, such as MSCI […]<\/p>\n","protected":false},"author":0,"featured_media":57513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57512"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57512"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/57513"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}