Digital Asset Investment Products Experience $414 Million Net Outflow Last Week, First Outflow in Five Weeks

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On March 30, according to Coinshares’ latest weekly report, there was a net outflow of $414 million after five consecutive weeks of inflows. Concerns over the Iran conflict and expectations of a shift in the Federal Reserve’s interest rate policy have led to a decrease in assets under management to $129 billion. The U.S. saw the largest outflow of $445 million, while Germany and Canada took the opportunity to absorb funds. Ethereum faced the largest sell-off with an outflow of $222 million (net inflow of $273 million year-to-date), possibly related to the CLARITY Act; Bitcoin experienced an outflow of $194 million but still maintains a net inflow of $964 million for the year; XRP performed well, recording an inflow of $15.8 million.

ETH1.14%
BTC0.08%
XRP0.3%
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