CoinShares: Last week, digital asset investment products saw a net outflow of 1.7 billion US dollars, marking the fifth consecutive week of net outflows

ChainCatcher reports, according to CoinShares' latest weekly report, digital asset investment products have experienced a fifth consecutive week of outflows, with last week's total outflow reaching $1.7 billion. This brings the total outflow during this negative trend to $6.4 billion and also marks the 17th consecutive day of capital outflows, setting the longest negative streak since records began in 2015.

The report points out that despite persistent negative market sentiment, inflows since the beginning of the year remain positive at $912 million. After this round of price adjustments and continuous capital outflows, assets under management (AuM) have dropped by $48 billion. Bitcoin further flowed out by $978 million, bringing the total amount withdrawn over the past five weeks to $5.4 billion. Ethereum and Solana respectively saw an exodus of funds totaling $175 million and $2.2 million.