Digital asset investment products experienced modest inflows of $6 million last week, which highlighted a “mixed” investor outlook. The week started with small inflows, but mid-week data showed stronger-than-expected US retail sales, which, according to CoinShares, likely caused $146 million in outflows. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report , Bitcoin led the largest flows of the week, with mixed sentiment reflected in intra-week movements, ultimately ending with modest outflows of $6 million. Short Bitcoin products experienced outflows of $1.2 million, continuing a seven-week streak totaling $36 million, or 40% of assets. Ethereum recorded yet another $26.7 million in outflows last week, which pushed total outflows over the past eight weeks to $772 million. Despite the challenges, the world’s largest altcoin holds the second spot for YTD flows, with net inflows of $215 million. Meanwhile, SUI also saw a small inflow of $1.1 million. On the other hand, XRP defied trends with $37.7 million in inflows last week. The flows made it the third most successful asset this year, with $214 million in YTD inflows. Multi-asset products followed with $3.1 million in inflows, while Solana and Cardano saw $0.3 million each. The United States experienced the largest outflow of $71 million, which dragged the monthly outflow to $995 million. This was in contrast to Europe and Canada, which showed positive investor sentiment. On the inflow side, Switzerland led with $43.7 million, followed by Germany with $22.3 million. Canada saw inflows of $9.4 million, while Sweden recorded $2.1 million. Australia had smaller inflows of $1.2 million, and Brazil had the smallest inflow at $0.7 million. The post Crypto Products See Modest $6M Inflows Weekly, Reflecting Mixed Investor Sentiment appeared first on CryptoPotato .
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