TechFlow news, on September 2, CoinShares released its latest weekly report showing that digital asset investment products saw outflows totaling $305 million last week, with generally negative investor sentiment across major providers and regions. Analysts noted that the recent capital outflows were primarily driven by stronger-than-expected U.S. economic data, leading markets to scale back expectations for a 50 basis point rate cut by the Federal Reserve.
Data showed that Bitcoin investment products experienced outflows of $319 million. Short Bitcoin products recorded net inflows for the second consecutive week, with $4.4 million in inflows this week—the highest since March. Ethereum products saw net outflows of $5.7 million, with trading volume dropping to just 15% of the level seen during the U.S. ETF launch week, reverting back to pre-launch levels. SOL products bucked the trend, attracting $7.6 million in net inflows.
Meanwhile, blockchain equity products attracted $11 million in net inflows, mainly concentrated in Bitcoin mining-related investments. Industry experts anticipate that as the Federal Reserve's monetary policy shift draws nearer, crypto assets may become increasingly sensitive to interest rate expectations.
