"Crypto Investment Products Bleed $924M in Two Weeks"

Digital asset investment products experienced a significant outflow of $508 million last week, according to the latest weekly report from CoinShares. This marked the second consecutive week of outflows, with a total of $924 million leaving the market over the two-week period.

The outflows were predominantly concentrated in the United States, with a total of $560 million exiting the market. This negative sentiment was not mirrored in Europe, however, as the region continued to see healthy inflows. Germany and Switzerland, in particular, received notable inflows of $30.5 million and $15.8 million respectively.