Digital Asset Investment Products See Continued Outflows as Economic Uncertainty Persists

Investment products tied to digital assets have experienced yet another week of net outflows, totaling $1.17 billion according to BlockBeats’ latest report. This trend is primarily driven by fluctuations in the liquidity chain and uncertainty surrounding potential interest rate reductions in the United States. 🌍 Both Bitcoin and Ethereum have been significantly impacted with outflows amounting to $932 million and $438 million, respectively. Interestingly, altcoins have displayed a more resilient performance, led by Solana which recorded inflows of $118 million last week and a cumulative inflow of $2.1 billion over the past nine weeks. 🚀