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2025-04-08 03:25:08

Digital Asset Outflows Hit $240 Million Amid US Trade Tariff Concerns

Last week, digital asset investment products experienced $240 million in outflows, likely triggered by recent US trade tariff developments that could jeopardize economic growth. However, total assets under management remained steady at $132.6 billion, reflecting a slight 0.8% increase. CoinShares stated that this stability is impressive when compared to other asset classes, such as MSCI World equities, which dropped 8.5% during the same period, highlighting the strength of digital assets in the face of economic uncertainty. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report , the bulk of the outflows came from Bitcoin as $207 million left the market over the past week, which reduced its total year-to-date inflows to $1.3 billion. Short-Bitcoin saw $2.8 million in inflows during the same period. Altcoin flows were quite varied, as Ethereum experienced withdrawals worth $37.7 million, and Solana and Sui saw outflows of $1.8 million and $4.7 million, respectively. On the other hand, XRP saw positive movement with $4.5 million in inflows, followed by multi-asset products with $1.4 million. Toncoin, a more “esoteric” token, also saw a gain of $1.1 million in inflows. For the second consecutive week, blockchain equities saw $8 million in inflows, with investors perceiving the recent price weakness as a chance to purchase. Regional outflows were significant, with the US and Germany leading the way with $210 million and $17.7 million in outflows, respectively. Switzerland and Sweden followed with $8.3 million and $7.1 million. Contrastingly, Canadian investors saw the market volatility as an opportunity to increase their positions, which resulted in inflows of $4.8 million. Brazil and Hong Kong saw more modest inflows of $1.4 million and $0.8 million, with Australia attracting $0.6 million. The post Digital Asset Outflows Hit $240 Million Amid US Trade Tariff Concerns appeared first on CryptoPotato .

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