Wu said that according to CoinShares, digital asset investment products have seen outflows for the first time in four weeks, totaling $528 million. CoinShares believes this is a response to the US recession, geopolitical concerns and widespread market liquidations. Bitcoin's total outflows reached $400 million; Ethereum's outflows were $146 million, and the total net outflow since the ETF was launched in the United States has reached $430 million.