According to CoinShares' latest report, digital asset investment products experienced a fund outflow of $5.28 billion for the first time in 4 weeks. 💸
- Bitcoin: $4 billion outflow
- Ethereum: $1.46 billion outflow
- Blockchain stocks: $18 million outflow
Large outflows were seen in the USA, Germany and Hong Kong, while inflows were seen in Canada and Switzerland. 📉
Geopolitical concerns and market uncertainties had an impact. 🌍