TechFlow news, March 17 — According to CoinShares’ latest weekly report, digital asset investment products experienced outflows for the fifth consecutive week, with total outflows reaching $1.7 billion last week. This brings the cumulative outflows during this negative period to $6.4 billion and marks 17 consecutive days of outflows—the longest bearish streak since records began in 2015.
The report noted that despite persistently negative market sentiment, year-to-date inflows remain positive at $912 million. Following this price correction and sustained outflows, total assets under management (AuM) have declined by $48 billion. Bitcoin saw further outflows of $978 million, bringing its total outflows over the past five weeks to $5.4 billion. Ethereum and Solana recorded outflows of $175 million and $2.2 million, respectively.
