CoinShares: Digital Asset Funds Experience $1.67 Billion Net Outflow in One Week, Second Largest This Year

06/01 09:45

On June 1, CoinShares' latest weekly report revealed that global digital asset investment products recorded a net outflow of $1.67 billion last week, marking the third consecutive week of capital outflow and the second largest weekly outflow since 2026, only behind the week of January 23. The cumulative net outflow over the past three weeks has expanded to $4.21 billion, indicating that the risk aversion triggered by the situation in the Middle East has overshadowed the positive effects of the regulatory progress brought by the U.S. CLARITY Act. Bitcoin investment products saw a net outflow of $1.438 billion, setting a record for the largest weekly outflow this year, while Ethereum investment products experienced a net outflow of $257 million. Due to the continued withdrawal of funds, the total assets under management (AuM) for global digital assets fell from $148 billion the previous week to $141 billion, the lowest level since early April this year. The U.S. market accounted for a net outflow of $1.63 billion, making it the primary source of this round of capital withdrawal. Meanwhile, market risk appetite has significantly decreased, with the number of altcoins receiving net inflows dropping from 11 three weeks ago to just 5 currently; however, XRP, Hyperliquid (HYPE), and NEAR still recorded net inflows of $20.3 million, $10.8 million, and $7.6 million, respectively.
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