Digital asset investment products shed $352m last week, with trading volumes down 27%, though YTD inflows remain strong at $35.2bn, as weak payrolls failed to bolster sentiment, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
The US recorded $440m in outflows, while Germany (+US$85.1m) and Hong Kong (+US$8.1m) saw inflows.
Bitcoin drew US$524m inflows, offset by heavy ether outflows ($912m), while solana marked its 21st straight week of inflows ($1.16bn YTD) and XRP hit $1.22bn YTD.