CoinShares: Net outflow of $1.94 billion in digital asset investment products last week

CoinShares released its latest weekly report saying that last week's digital asset investment products suffered a capital outflow of 1.94 billion US dollars, which is the fourth consecutive week of capital outflows. The cumulative outflow amount has reached 4.92 billion US dollars, accounting for 2.9% of the total asset management scale (AuM).
Bitcoin suffered outflows of up to $1.27 billion last week, but also saw the largest rebound on Friday, with inflows reaching $225 million. Short-selling Bitcoin remains hot, with inflows reaching $19 million, and inflows of $40 million over the past three weeks, accounting for 23% of its asset management scale, sending its asset management scale soaring by a staggering 119%. Ethereum's outflows totaled $589 million last week. The previous week, Ethereum's outflows accounted for 7.3% of its asset management scale (AuM), a larger decline. However, Ethereum also rebounded slightly last Friday, with inflows of $57.50 million. Solana had outflows of $156 million, while XRP bucked the trend, with inflows of $89.30 million last week.