CoinShares: Net outflow of $795 million in digital asset investment products last week
According to the latest weekly report from CoinShares, as of the week of April 12, the net outflow of digital asset investment products reached 795 million US dollars, three consecutive weeks of capital outflows, bringing the cumulative outflow since the beginning of February to 7.20 billion US dollars, almost erasing the net inflow for the whole year. Bitcoin outflows topped the list at 751 million US dollars, but it still maintained a net inflow of 545 million US dollars since the beginning of the year. Ethereum outflows 37.60 million US dollars. XRP bucked the trend and recorded an inflow of 3.50 million US dollars, while Ondo, Algorand and Avalanche recorded small net inflows respectively. Prices rebounded after Trump temporarily withdrew tariffs, and total assets under management rose to 130 billion US dollars.