Digital asset investment products experienced a fourth straight week of outflows, totaling US$173 million, with significant regional divergence as the US contributed US$403 million to the outflows while Europe and Canada demonstrated greater confidence through inflows of US$230 million. Major digital assets like Bitcoin and Ethereum led the outflows with US$133 million and US$85.1 million, respectively, amid weaker market sentiment in the US, influenced by softer CPI data. In contrast, altcoins such as XRP and Solana showed resilience, attracting inflows of US$33.4 million and US$31 million, respectively, capitalizing on ecosystem advancements and a positive community outlook despite broader market challenges.
Bitcoin leads $173M digital asset outflows amid US weakness
