A recent report from CoinShares revealed that the digital asset outflows in the last six weeks have been rising, settling at $424 million. During the last week, net outflows nearly exceeded the $100 million mark as the trend shows little to no signs of slowing down.

Investment funds were the hardest hit of the lot, with outflows nearly reaching $500 million during a six-week period. Ethereum appeared to record the lowest outflows as experts tried to make sense of the debacle.