Digital asset investment products saw modest outflows of $147 million over the past week, likely due to stronger-than-expected economic data. 📉

ETP trading volumes rose 15% to $10 billion, while overall crypto market volume remained lower.

Bitcoin attracted significant investor attention, recording outflows of $159 million, while short positions in Bitcoin received $2.8 million. Ethereum was down again, with outflows of $29 million.

On a positive note, multi-asset investment products attracted $29 million, continuing a 16-week streak of inflows. They have amassed $471 million year-to-date, representing 10% of total assets under management.

Solana recorded inflows of $5.3 million, Litecoin - $0.9 million, XRP and Cardano - $0.3 million each.

Canada and Switzerland showed a bullish trend with inflows of $43 million and $35 million, respectively. Australia and Brazil also recorded small inflows.

On the other hand, the US, Germany and Hong Kong recorded significant outflows of $209 million, $8.3 million and $7.3 million, respectively.