TechFlow news, according to the latest weekly report from CoinShares, digital asset investment products saw net outflows for the third consecutive week, with total outflows of $30 million last week. Ethereum experienced its largest single-week outflow since August 2022, amounting to $61 million, and has seen cumulative outflows of $119 million over the past two weeks, making it the worst-performing asset so far this year.
In contrast, multi-asset and Bitcoin ETPs attracted inflows of $18 million and $10 million respectively. Short-term Bitcoin also saw outflows of $4.2 million, indicating a potential shift in market sentiment. Several altcoins recorded inflows, most notably Solana ($1.6 million) and Litecoin ($1.4 million).
By region, the United States, Brazil, and Australia recorded net inflows of $43 million, $7.6 million, and $3 million respectively. Meanwhile, Germany, Hong Kong, Canada, and Switzerland saw net outflows of $29 million, $23 million, $14 million, and $13 million respectively.
