CoinShares: Last week, there was a net outflow of $1.94 billion from digital asset investment products.

[CoinShares: Last week, digital asset investment products experienced a net outflow of $1.94 billion] CoinShares released its latest weekly report stating that digital asset investment products faced a capital outflow of $1.94 billion last week, marking the fourth consecutive week of outflows, with a total outflow amount reaching $4.92 billion, accounting for 2.9% of the total Assets Under Management (AuM). Last week, Bitcoin experienced a fund outflow of up to $1.27 billion, but on Friday, it also saw the largest rebound, with an inflow of $225 million. Shorting Bitcoin remains popular, with an inflow of $19 million, totaling $40 million over the past three weeks, accounting for 23% of its Assets Under Management, which has skyrocketed by an astonishing 119%. Ethereum saw a total fund outflow of $589 million last week. The previous week, Ethereum's fund outflow accounted for 7.3% of its Assets Under Management (AuM), showing a larger decline. However, on Friday, Ethereum also had a slight rebound, with an inflow of $57.5 million. Solana's fund outflow was $156 million, while XRP went against the trend, with an inflow of $89.3 million last week.