CoinShares: A total of US$240 million outflows from digital asset investment products last week "
According to online reports, CoinShares 'latest weekly report showed that a total outflow of US$240 million from digital asset investment products last week, which may be a response to recent U.S. trade tariff news posing a threat to economic growth. Despite this, total assets under management remained significantly stable at $132.6 billion, increasing 0.8% in one week. This resilience is particularly significant compared to other asset classes, such as the MSCI World Equities, which fell 8.5% over the same period, highlighting the robustness of digital assets amid economic uncertainty. From a regional perspective, negative sentiment is widespread, with the United States and Germany having the largest outflows, with US$210 million and US$17.7 million respectively. Canadian investors saw the recent market turmoil as an opportunity to add to their positions, with inflows of $4.8 million. Funds mainly flow to Bitcoin, with an outflow of US$207 million, and a total year-to-date inflow of US$1.3 billion.
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