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Digital asset investment products experienced $16 million in capital outflows last week, ending 11 consecutive weeks of net inflows

According to the latest "Digital Asset Fund Flow Weekly Report" released by CoinShares on December 18th, digital asset investment products recently experienced a small-scale capital outflow of a total of $16 million, ending the trend of continuous capital inflows for 11 weeks. However, trading activity is still far higher than the average level this year, with a total trading volume of $3.6 billion last week.

This slight capital outflow was mainly concentrated in the United States, with outflows of about $18 million, while Germany also saw a small outflow of $10 million. At the same time, Canada and Switzerland continued to see inflows of $6.9 million and $9.1 million, respectively. This mixed regional flow trend indicates that this is more due to profit-taking rather than a change in sentiment towards this asset class.

Among specific digital asset categories, Bitcoin experienced the largest capital outflow, reaching $33 million last week, while products shorting Bitcoin also saw a small outflow of $300,000. In contrast, other cryptocurrencies represented by Solana, Cardano, XRP, and Chainlink achieved a capital inflow of $21 million.

Ethereum and Avalanche were slightly affected, with capital outflows of $4.4 million and $1 million, respectively. At the same time, blockchain stocks continued to receive positive sentiment support, attracting a large amount of capital inflows of $122 million last week, bringing the cumulative inflows of the past 9 weeks to $294 million, setting a new record high.

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