Record $3.8 Billion Outflows from Digital Asset Investments
- Digital asset investment products saw outflows totaling $3.8 billion over three weeks.
- The largest weekly outflow on record was $2.9 billion.
- The US led with $2.87 billion in outflows, followed by Switzerland ($73 million) and Canada ($16.9 million).
- Germany experienced inflows of $55.3 million, contrary to the trend.
- Bitcoin faced significant outflows of $2.6 billion, while Ethereum had $300 million in outflows.
- Sui, XRP, and Litecoin saw inflows of $15.5 million, $5 million, and $1 million respectively.
This period marked a notable shift as digital assets faced substantial withdrawals, with Bitcoin losing the most at $2.6 billion amid a broader negative sentiment in the market.
Source (2.6)https://dailyhodl.com/2025/03/03/record-3800000000-flows-out-of-institutional-crypto-products-in-one-week-coinshares/?rand=59076
