According to a weekly fund flow report released by CoinShares, digital asset investment products experienced a net outflow of $1.67 billion last week, marking the third consecutive week of capital outflows. Over the past three weeks, the cumulative net outflow has grown to a total of $4.21 billion.

By major coin, Bitcoin (BTC)-related products saw a net outflow of $1.438 billion, the largest amount this year, while Ethereum (ETH)-related products also experienced an outflow of $257 million. In contrast, some altcoin products such as XRP, HYPE, and NEAR actually saw net capital inflows.

CoinShares explained the background, stating, "The risk-averse sentiment toward risk assets due to geopolitical risks related to Iran overwhelmed positive factors such as the progress of the US CLARITY Act. Due to this net outflow, the total Assets Under Management (AUM) of the products also decreased from $148 billion to $141 billion."