TechFlow News, March 30: According to CoinShares, digital asset investment products recorded their first weekly net outflow in five weeks, totaling $414 million. As a result, total assets under management (AuM) declined to $129 billion—reverting to levels seen in early February this year. Analyst James Butterfill noted that escalating geopolitical tensions surrounding Iran and rising inflation expectations were the primary drivers. Market expectations for the U.S. Federal Open Market Committee’s (FOMC) June interest rate decision have also shifted—from anticipating rate cuts to pricing in potential rate hikes.
By region, outflows were almost entirely concentrated in the United States, with a single-week net outflow of $445 million; Switzerland saw a modest outflow of $4 million. In contrast, investors in Germany and Canada bought on dips, recording net inflows of $21.2 million and $15.9 million, respectively.
By asset, Ethereum experienced a weekly outflow of $222 million, driven by news related to the Clarity Act; its year-to-date net outflow widened to $273 million. Bitcoin posted a weekly outflow of $194 million but remains in positive territory year-to-date, with a net inflow of $964 million. Solana saw an outflow of $12.3 million. XRP was among the few assets posting net inflows, attracting $15.8 million in weekly inflows.
