CoinShares: Net outflow of $1.70 billion from digital asset investment products last week, five consecutive weeks of net outflows

According to CoinShares' latest weekly report, digital asset investment products experienced their fifth consecutive week of outflows, with outflows totaling $1.70 billion last week, bringing the total outflow during this negative trend to $6.40 billion and marking the 17th consecutive day of outflows, the longest negative streak since records began in 2015.
The report notes that despite continued negative sentiment, year-to-date inflows remain positive at $912 million. Following this price correction and continued outflows, total assets under management (AuM) has declined by $48 billion. Bitcoin has further outflows of $978 million, bringing the total outflows over the past 5 weeks to $5.40 billion. Ethereum and Solana have outflows of $175 million and $2.20 million respectively.