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CoinShares: Net outflow of digital asset investment products last week was US$1.7 billion, net outflow for five consecutive weeks

The Internet reported that according to CoinShares 'latest weekly report, digital asset investment products experienced capital outflows for the fifth consecutive week. The total outflow reached US$1.7 billion last week, bringing the total outflow during this negative trend period to US$6.4 billion, and also marking the 17th consecutive day. Capital outflows occurred on the 17th day, setting the longest negative continuous period since records began in 2015. The report pointed out that despite continued negative market sentiment, year-to-date capital inflows remained positive at US$912 million. After this round of price adjustments and continued outflows, total assets under management (AuM) have fallen by $48 billion. A further $978 million flowed out of Bitcoin, bringing the total outflow in the past five weeks to $5.4 billion. Ethereum and Solana shed $175 million and $2.2 million respectively.

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