CoinVoice has learned that, according to the latest market data and the latest weekly report from CoinShares, digital asset investment products experienced a net outflow of $454 million last week, with a total outflow of $1.3 billion over the past four days, nearly offsetting the $1.5 billion net inflow at the beginning of the year. The main reason is the weakening of the Federal Reserve's rate cut expectations in March.
The US market saw a net outflow of $569 million, while Germany, Canada, and Switzerland recorded inflows of $58.9 million, $24.5 million, and $21 million respectively. Bitcoin and Ethereum experienced outflows of $405 million and $116 million; Solana, XRP, and Sui saw inflows of $32.8 million, $45.8 million, and $7.6 million respectively.
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CoinVoice has learned that, according to the latest market data and the latest weekly report from CoinShares, digital asset investment products experienced a net outflow of $454 million last week, with a total outflow of $1.3 billion over the past four days, nearly offsetting the $1.5 billion net inflow at the beginning of the year. The main reason is the weakening of the Federal Reserve's rate cut expectations in March.
The US market saw a net outflow of $569 million, while Germany, Canada, and Switzerland recorded inflows of $58.9 million, $24.5 million, and $21 million respectively. Bitcoin and Ethereum experienced outflows of $405 million and $116 million; Solana, XRP, and Sui saw inflows of $32.8 million, $45.8 million, and $7.6 million respectively.