the latest report from CoinShares shows that last week saw the first outflow of funds in 15 weeks for digital asset investments, with a total outflow of $223 million by the end of this week. The week started strong with an inflow of $883 million, but this trend reversed in the second half of the week, possibly due to the strong FOMC meeting and a series of better-than-expected US economic data.
Bitcoin saw an outflow of $404 million this week. However, the inflow since the beginning of the year remains strong, reaching $20 billion. Despite encountering some setbacks later in the week, Ethereum continued its 15th consecutive week of net inflows, totaling $133 million, indicating strong market optimism for this asset. XRP, Solana, and SEI also received good support, with inflows of $31.2 million, $8.8 million, and $5.8 million respectively. Aave and Sui saw inflows of $1.2 million and $800,000 respectively.
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