Crypto asset investment products experienced significant outflows totaling $508 million last week.
Altcoins, including XRP, saw continued interest from investors, with XRP leading in inflows.
Bitcoin-focused investment products faced outflows of $571 million, while short-Bitcoin positions saw inflows of $2.8 million.
The outflows can be attributed to cautionary investor behavior due to macroeconomic uncertainty, with the US Presidential inauguration being a key factor.