CoinShares: Net outflow of funds from digital asset investment products was $795 million last week

News: According to the latest weekly report from CoinShares, as of April 12th, digital asset investment products experienced a net outflow of $795 million, marking the third consecutive week of capital outflow. Since early February, the cumulative outflow has reached $7.2 billion, almost erasing the entire year's net inflow. Bitcoin led the outflow at $751 million, though it still maintains a net inflow of $545 million year-to-date. Ethereum saw an outflow of $37.6 million. XRP, in contrast, recorded a net inflow of $3.5 million, while Ondo, Algorand, and Avalanche also saw slight net inflows. After Trump temporarily withdrew tariffs, prices rebounded, and total managed assets rose to $13 billion.