Data: Last week, digital asset investment products saw a net outflow of $454 million
BlockBeats News, January 12th, according to Coinshares data, digital asset investment products saw a record outflow of $454 million last week. The total outflow in the past four days reached $1.3 billion, almost completely reversing the $1.5 billion inflow in the first two days of this year. The shift in market sentiment is mainly due to investor concerns: as recent macroeconomic data has been released, the possibility of a Fed rate cut in March is decreasing.
Regionally, the United States was the only market showing negative sentiment, with an outflow of $569 million. In contrast, other countries saw inflows: Germany led with $58.9 million, followed by Canada ($24.5 million) and Switzerland ($21 million).
Bitcoin became the main target of negative sentiment, with an outflow of $405 million last week. Although there was also an outflow of $9.2 million from Bitcoin short products during the same period, this reflects a divergence in overall market sentiment towards the asset. Ethereum saw a total outflow of $116 million last week, while multi-asset products saw an outflow of $21 million. Products related to an exchange and Aave saw relatively small outflows ($3.7 million and $1.7 million, respectively).
XRP, Solana, and Sui continue to see net inflows of funds, attracting $45.8 million, $32.8 million, and $7.6 million in funding, respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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