Coinshares: Digital Asset Investment Products Saw a Net Outflow of $1.43 Billion Last Week, the Highest on Record Since March

BlockBeats News, August 25th, Coinshares released its latest weekly report stating that concerns about the Fed's policy have triggered a massive fund outflow. Net outflows from digital asset investment products reached $1.43 billion in a single week, hitting the highest level since March this year, while ETP trading volume surged to $38 billion. Bitcoin saw a $1 billion outflow, while Ethereum demonstrated strong resilience with only a $440 million outflow, driving its net inflows to $2.5 billion so far this month, in stark contrast to Bitcoin's $1 billion net outflow.

Digital asset investment products saw significant outflows for the first time in weeks, totaling $1.43 billion, the largest amount since March this year. As market concerns heightened over the Fed's monetary policy stance, ETP trading volume rose to $38 billion last week, about 50% above the year-to-date average. At the beginning of the week, a pessimistic market view on the Fed's policy stance triggered a $2 billion outflow, but Powell's remarks at the Jackson Hole symposium were widely interpreted as more dovish than expected, leading to $594 million in inflows in the latter half of the week.