TechFlow, November 17 — According to CoinShares data, digital asset exchange-traded products (ETPs) saw outflows of $2 billion last week, the largest weekly outflow since February this year. This marks the third consecutive week of outflows, with total outflows reaching $3.2 billion.
The U.S. market accounted for 97% of the total outflows, amounting to $1.97 billion, while Switzerland and Hong Kong saw outflows of $39.9 million and $12.3 million respectively. German investors went against the trend, recording inflows of $13.2 million.
Bitcoin faced the strongest outflow pressure, losing $1.38 billion last week. Ethereum performed even worse, with outflows of $689 million. Solana and XRP also experienced minor outflows of $8.3 million and $15.5 million respectively.
