Last week, the total outflow of funds from global digital asset investment products exceeded 812 million USD.

According to Coinshares' latest weekly report, global digital asset investment products experienced a net outflow of $812 million last week.

Analysis suggests that this phenomenon is mainly influenced by the weakening of market expectations for interest rate cuts due to U.S. macroeconomic data, particularly the revised GDP and durable goods data, leading to a shift in investor sentiment towards caution.

Although the weekly data performance has been poor, the cumulative inflow amount has reached $39.6 billion so far this year. If the strong growth momentum continues, it may catch up to last year's historical record of $48.6 billion, indicating that the long-term attractiveness of the digital asset market has not diminished.

In terms of asset classes, BTC and ETH remain the main destinations for capital flow. BTC topped the net outflow list last week with $719 million, but its year-to-date (YTD) total inflow still reached a record of $23.98 billion, with assets under management (AUM) amounting to $170.748 billion.

Secondly, the net outflow amount of ETH last week was 409 million USD, driving its year-to-date (YTD) total inflow to nearly 12.174 billion USD, with assets under management reaching 34.665 billion USD.

It is worth noting that there has not been a corresponding increase in demand for Bitcoin short-selling investment products, which may suggest that the current market pessimism could be temporary.

Under the backdrop of overall market pressure, Solana has stood out, achieving a massive capital inflow of $291 million. Meanwhile, XRP attracted $93.1 million in funds. Analysts believe that this phenomenon may stem from the market's positive expectations regarding the imminent approval of related ETFs in the United States.

From a regional distribution perspective, the US market ranked first in outflows last week with 1.037 billion dollars, followed by Sweden with a net outflow of 13.4 million dollars last week.

However, the Swiss, Canadian, and German markets recorded net inflows of $127 million, $58.6 million, and $35.5 million respectively last week. This pattern indicates that the current negative sentiment in the market is mainly concentrated in the United States.

Overall, despite short-term fluctuations in data, the long-term inflow trend of digital asset investment products remains robust. Market participants need to closely monitor macroeconomic policies, especially the direction of interest rate policies in October, as this will also affect the future flow of funds in the digital asset market.

#数字资产 investment trend