Digital Asset Investment Products See $1.07 Billion Outflow Amid Geopolitical Concerns

Digital asset investment products experienced net outflows totaling $1.07 billion last week, marking the end of a six-week period of positive inflows. According to NS3.AI, the outflows were largely influenced by geopolitical risks associated with Iran, prompting institutions to reduce their exposure. Bitcoin funds were significantly impacted, with net outflows amounting to $981.5 million. CoinShares reported that U.S.-listed products were the primary contributors to these redemptions.