Last week, digital asset investment products experienced a net outflow of $360 million, with Bitcoin outflow amounting to $946 million.

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On November 3, according to the latest weekly report from CoinShares, last week saw a total net outflow of 360 million USD from digital asset investment products, mainly due to investors interpreting Fed Chair Powell's comments on potential rate cuts in December as a hawkish stance, leading to market uncertainty. The United States dominated this capital outflow, with a net outflow of 439 million USD, while Germany and Switzerland recorded slight net inflows of 32 million USD and 30.8 million USD respectively, partially offsetting the outflow from the U.S. Bitcoin's outflow reached 946 million USD. In contrast, Solana attracted a net inflow of 421 million USD, marking the second-highest record in history, with funds mainly flowing into the newly launched U.S. ETF, bringing its net inflow year-to-date to 3.3 billion USD. Ethereum also recorded a net inflow of 57.6 million USD.

BTC-3.8%
SOL-5.59%
ETH-4.59%
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