According to Coinshares, digital assets investment products experienced outflows of $6.5 million this week, breaking a streak of four consecutive weeks of inflows totaling $742 million. The outflows coincide with the recent market downturn that saw Bitcoin's price drop to its lowest value since June 21.

Ethereum saw inflows of $6.5 million, while XRP saw inflows of $2.6 million, with investors' confidence in XRP growing following Ripple's partial victory against the U.S. Securities and Exchange Commission. Bitcoin investment products experienced outflows of $13 million, primarily due to negative sentiment in the North American market.