Digital asset investment products saw a net inflow of $6 million last week amid mixed sentiment. Outflows were driven by strong U.S. retail data, especially impacting U.S.-based products. Notably, XRP gained $37.7 million, while Ethereum faced further outflows of $26.7 million. Regional differences showed resilience in Europe, especially in Switzerland and Germany, contrasting with negative trends in the U.S. market.
Last week, digital asset investment products experienced modest inflows of $6 million, as reported by CoinShares. Despite this, investor sentiment appeared mixed, influenced by stronger-than-expected U.S. economic indicators. CoinShares identified intra-week outflows primarily attributed to robust U.S. retail sales data, leading to $146 million being withdrawn from various products.
Regional trends highlighted significant divergence; U.S.-focused products faced $71 million in outflows, in stark contrast to positive inflows in Europe and Canada. Switzerland topped the inflow list with $43.7 million, followed by Germany with $22.3 million and Canada with $9.4 million. Bitcoin remained a central focus, although it experienced minor net outflows amidst significant fluctuations.
Ethereum continued experiencing underperformance, recording outflows of $26.7 million in the past week. This culminated in a total of $772 million in outflows over the past eight weeks. Despite these withdrawals, Ethereum remained second in year-to-date inflows with $215 million, indicating some resilience from institutional investors.
Conversely, XRP experienced a positive trend with inflows of $37.7 million, marking it as the third-best performing asset for net inflows this year. XRP has accumulated $214 million in inflows for 2025, reflecting increased investor confidence following regulatory clarity and growing institutional interest.
Looking forward, CoinShares data indicates that digital asset flows are closely linked to macroeconomic factors and regional regulatory sentiments. Investor behaviour remains cautious, particularly in the U.S., but parts of Europe show strong optimism towards selected altcoins.
CoinShares underscores the volatility of investor sentiment in the crypto space, highlighting the influence of economic developments and regional performance.
