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Cryptocurrency investment products are experiencing continuous outflows amid market uncertainty, with Bitcoin and Ethereum-related investments seeing a sixth consecutive week of net outflows. Last week, Bitcoin-related investments saw a net outflow of $5.9 million, while Ethereum-linked investments recorded an outflow of $2.2 million. Bitcoin short-selling investment instruments also registered a net outflow of $2.8 million. The total trading volume for these digital asset investment products was significantly low last week, amounting to only $820 million, marking a notable decline from the average yearly trading volume of $1.3 billion. Bitcoin and Ethereum have both experienced minor outflows, with Bitcoin seeing a total of $6 million in outflows over three weeks, and Ethereum experiencing six straight weeks of outflows amounting to $2.2 million. However, there seems to be growing interest in specific alternative cryptocurrencies (altcoins), as demonstrated by the inflows into XRP and Solana. Europe has seen a net inflow of $16 million, while the United States recorded a net outflow of $14.1 million. Investors in the digital asset market remain cautious as they continue to monitor regulatory changes and strategically adjust their portfolios accordingly.
