CoinShares： Last week, there was a net outflow of 415 million US dollars from digital asset investment products

According to the latest weekly report data from CoinShares, digital asset investment products experienced a significant outflow of funds for the first time after a record breaking 19 weeks of continuous inflow, with a total amount of $415 million. The main reason for the outflow is the hawkish remarks of Federal Reserve Chairman Powell and the unexpected US CPI data, which led to an increase in market expectations for interest rates. Bitcoin was the most affected by this, with an outflow of $430 million. Most of the capital outflows came from the United States, reaching $464 million, while markets in other countries were relatively unaffected. Germany, Switzerland, and Canada recorded inflows of $21 million, $12.5 million, and $10.2 million, respectively. Solana is the asset with the highest inflow of funds, with an inflow amount of $8.9 million, followed by XRP ($8.5 million) and Sui ($6 million). In addition, blockchain stocks have also attracted $20.8 million in inflows, and have accumulated $220 million in capital inflows so far this year.