CoinShares weekly data shows that digital asset investment products saw small outflows of $21 million last week, although Bitcoin trading volume reached $11.8 billion, seven times the typical weekly volume in 2023. Regionally, the United States saw inflows of $263 million, while Canada and Europe had a combined outflow of $297 million, indicating a small transfer of assets to the United States, where fees are currently more competitive. Although the $11.8 billion volume accounted for 63% of all Bitcoin trading volume on trusted exchanges, Bitcoin's total outflows were $25 million, highlighting that ETP activity currently dominates overall trading activity. Ethereum and Solana saw outflows of $14 million and $8.5 million, respectively. Blockchain stocks saw further large inflows, totaling $156 million, bringing inflows over the past nine weeks to $767 million.
