Digital Asset Products See $6M Inflow, $146M Outflow After US Retail Sales Data

Generated by AI AgentCoin World
Tuesday, Apr 22, 2025 9:03 am ET1min read

Digital asset investment products saw a modest inflow of $6 million last week, according to the latest report. This follows several weeks of notable outflows, indicating a cautious market sentiment. The week started positively with capital trickling into digital assets. However, mid-week US retail sales data, which exceeded expectations, appears to have unsettled investors, leading to significant withdrawals. Total outflows following the report reached $146 million, erasing earlier gains.

Bitcoin, the leading digital asset, remained the most actively traded crypto but ended the week with a small outflow of $6 million. The asset’s trading patterns reflected market uncertainty, with inflows reversing after the release of US economic data. Short Bitcoin products also experienced continued pullback, marking their seventh consecutive week of outflows. These products lost another $1.2 million, bringing total outflows to $36 million, around 40% of assets under management.

Ethereum continued to face investor caution, with $26.7 million in outflows last week, pushing its eight-week total losses to $772 million. Despite this, it still holds a positive year-to-date net inflow of $215 million, trailing only Bitcoin. Amid the broader uncertainty, XRP had the strongest weekly inflow among all assets. The token raised $37.7 million, driven by growing expectations around a potential spot XRP ETF and sustained interest in Ripple’s developments. XRP is now the third most popular crypto asset by year-to-date inflows, with $214 million added in 2025.

Across the regions, US-based investors led the outflows again, pulling $71 million from crypto funds. This trend contrasts sharply with behavior in other regions. European countries showed a stronger risk appetite, with Switzerland recording $43.7 million in inflows, followed by Germany with $22.3 million. Canada also saw gains, attracting $9.4 million in new capital.