CoinShares: Digital Asset Funds See $1.67 Billion Outflows in a Single Week, Marking the Second Largest Outflow of the Year

BlockBeats News, June 1st. The latest weekly report from CoinShares shows that global digital asset investment products saw a net outflow of $1.67 billion last week, marking the third consecutive week of capital outflows. This also represents the second largest weekly outflow since 2026, second only to the week of January 23rd. The cumulative net outflow over the past three weeks has expanded to $4.21 billion, indicating that the risk-off sentiment triggered by the Middle East situation has outweighed the positive impact of the U.S. CLARITY Act regulatory developments.

The net outflow for Bitcoin investment products was $1.438 billion in a single week, setting a record for the largest weekly outflow this year; Ethereum investment products saw a net outflow of $257 million. As a result of the continuous fund exodus, the global digital asset under management (AuM) decreased from $148 billion the previous week to $141 billion, hitting the lowest level since early April this year. The U.S. market accounted for a net outflow of $1.63 billion, being the primary source of this round of fund withdrawals.

Meanwhile, market risk appetite has significantly decreased, as the number of altcoins receiving net inflows has dropped from 11 three weeks ago to the current 5. However, XRP, Hyperliquid (HYPE), and NEAR still saw net inflows of $20.3 million, $10.8 million, and $7.6 million respectively.