[CoinShares: Digital Asset Investment Products Saw $2 Billion Net Outflow Last Week, the Largest Since February This Year] According to the latest weekly report from CoinShares, digital asset investment products experienced a total outflow of $2 billion last week, marking the largest outflow since February this year. This is the third consecutive week of outflows, with the cumulative total now reaching $3.2 billion. The institution attributes the recent market downturn to uncertainty in monetary policy and selling activity by crypto 'whale' investors. The recent price decline has caused the total assets under management (AuM) of digital asset ETPs to drop from a peak of $264 billion in early October to $191 billion, a decrease of 27%. Despite widespread negative sentiment across regions, the U.S. accounted for 97% of the outflows, totaling $1.97 billion, followed by Switzerland and Hong Kong, with outflows of $39.9 million and $12.3 million, respectively. German investors, on the other hand, bucked the trend, viewing the recent price weakness as an investment opportunity, with inflows totaling $13.2 million. Bitcoin bore the brunt of the outflows, with $1.38 billion leaving last week, and the three-week outflow total now accounting for 2% of its assets under management. Ethereum performed even worse, with $689 million in outflows last week, representing 4% of its assets under management. Solana and XRP also saw minor outflows of $8.3 million and $15.5 million, respectively.