According to Odaily Planet Daily, CoinShares' latest weekly report shows that digital asset investment products had a net outflow of $147 million last week. Last week's economic data was higher than expected, reducing the possibility of a sharp interest rate cut, which may lead to weak investor sentiment.
From a regional perspective, Canada and Switzerland had inflows of US$43 million and US$35 million, respectively, while the United States, Germany and Hong Kong saw outflows of US$209 million, US$8.3 million and US$7.3 million, respectively.
Bitcoin saw $159 million in outflows, while short Bitcoin saw $2.8 million in inflows. Ethereum saw $29 million in outflows last week, and investor interest in the asset remains low.