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Digital assets funds see largest weekly outflows since February

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Digital asset ETPs saw $2bn in outflows last week – the highest total since February – driven by monetary policy uncertainty and crypto-native whale selling, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.

The US accounted for 97% of outflows ($1.97bn), while Germany bucked the trend with $13.2m in inflows amid broader global negativity.

Bitcoin and ether led the losses with outflows of $1.38bn and $689m, while investors shifted toward multi-asset ETPs (+$69m) and increased short-bitcoin positions.

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