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Digital Asset Outflows Hit $240 Million Amid US Trade Tariff Concerns

  • Digital asset investment products experienced $240 million in outflows last week, predominantly driven by concerns surrounding US trade tariffs.
  • Total assets under management remained steady at $132.6 billion, indicating a slight 0.8% increase.
  • Bitcoin accounted for most of the outflows, with $207 million leaving the market, reducing its year-to-date inflows to $1.3 billion.
  • Regional outflows were significant, with the US and Germany leading, while Canadian investors took advantage of market volatility by increasing their positions.

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