Despite a net outflow of $352 million in digital asset investments last week, the inflow trend year-to-date still shows structural resilience.

According to CoinShares weekly report data, although last week's weak employment data heightened market expectations for a Fed rate cut in September, this macro signal did not effectively boost the market's risk appetite for digital assets.

Global digital asset investment products experienced a total net outflow of nearly $352 million last week, with trading volume declining by 27% compared to the previous period, reflecting a more cautious market sentiment in the short term.

However, from a long-term perspective, net inflows for these investment products year-to-date (YTD) have still reached nearly $35.2 billion, which is 4.2% higher than last year's net inflow of $48.5 billion, indicating that the overall funding situation remains healthy.

In terms of asset classes, BTC continues to demonstrate strong capital attraction, achieving a net inflow of $524 million in a single week, and has maintained its position as "digital gold."

However, ETH saw a significant outflow of funds last week, with a total outflow of 912 million USD. There has been continuous net outflow over the past seven trading days, involving several major ETP issuers. Nevertheless, its year-to-date (YTD) net inflow remains at a relatively high level of 11.176 billion USD.

In addition to mainstream assets, some altcoins like Solana have achieved continuous inflows for the 21st week, with a net inflow of $1.256 billion year-to-date (YTD); XRP also recorded $1.412 billion in inflows during the same period, indicating that the market's demand for allocation to non-Bitcoin assets remains diverse and persistent.

In terms of regional distribution, the US market saw a net outflow of $440 million last week, making it the country with the highest capital outflow globally; followed by Sweden and Switzerland, which recorded net outflows of $13.5 million and $2.7 million last week, respectively;

However, the German market ranked first in net inflow last week, with a net inflow of 85.1 million dollars for the week; followed by Hong Kong, Canada, Brazil, and Australia, which recorded small inflows of 8.1 million dollars, 4.1 million dollars, 3.5 million dollars, and 2.1 million dollars respectively last week.

In summary, although there was a capital outflow in global digital asset investments last week, the digital asset market still possesses a solid capital base and structural resilience, based on annual data and the positive performance of certain regions and assets.

#数字资产 investment trend