Digital Asset Funds Experience $1.7 Billion Outflow Last Week

Investors are withdrawing from digital assets amid rising geopolitical and economic uncertainty.

• Digital asset funds experienced a loss of $1.7 billion last week, totaling $6.4 billion in outflows over five weeks, according to CoinShares.
• In the U.S., bitcoin exchange-traded funds (ETFs) saw their longest weekly outflow streak since January 2024, with over $5.4 billion withdrawn in five weeks.
• Despite support from President Trump for cryptocurrencies, including plans for a Bitcoin Strategic Reserve, concerns over trade tensions and monetary policy persist.
• Bitcoin's value has decreased by more than 21% in three months, currently around $83,000; the CoinDesk 20 Index has lost about 34.6% during the same period.