Digital asset products see $952M in weekly outflows, ending 3-week inflow streak

Digital asset investment products saw net outflows of $952 million last week, ending a three-week streak of inflows, according to a weekly fund flow report from CoinShares. Bitcoin investment products experienced $460 million in net outflows, while Ethereum products saw $555 million withdrawn. CoinShares attributed the outflows to several factors, including delays in the implementation of the U.S. crypto market structure bill (CLARITY Act), prolonged regulatory uncertainty, and increased selling pressure from large-scale investors.