CoinShares' latest report reveals that digital asset investment products experienced $876 million in outflows, marking the fourth consecutive week of outflows.
US investors showed the strongest bearish tendencies, with $922 million pulled out during the week.
Bitcoin dominated the outflows, shedding $756 million, while Ethereum, Tron, and Aave also experienced significant outflows.
The overall crypto market performance has shown a downward trend, with the global cryptocurrency market capitalization decreasing by roughly $450 billion over the past week.