CoinShares reports $2 billion outflow in digital asset investment products, highest since February

CoinShares reported a total outflow of 2 billion USD from digital asset investments last week, with cumulative losses reaching 3.2 billion USD since early October. Bitcoin faced a significant outflow of 1.38 billion USD, while Ethereum’s outflow stood at 689 million USD.

Despite the overall negative trend, German investors contributed 13.2 million USD in inflows, indicating a more optimistic view. In contrast, 97% of the total outflows were from the U.S., amounting to 1.97 billion USD, underlining a potential shift in investor sentiment.