Digital Asset Investment Products See Continued Outflows

Digital asset investment products have experienced a downturn, with a total of $6.4 billion leaving the market during a challenging period. This trend has persisted for the fifth consecutive week, marking it as the longest losing streak since 2015.

> Digital asset investment products saw $1.7B in outflows last week, marking the 5th consecutive week of withdrawals and a 17-day negative streak, the longest since 2015.
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> Total outflows over this period now stand at $6.4B, while year-to-date inflows remain positive at $912M.
> — Satoshi Talks (@Satoshi_Talks) March 17, 2025

Despite the ongoing negative sentiment, inflows for the year are still positive at $912 million. However, these recurring outflows have caused total assets under management (AuM) to drop by $48 billion, highlighting market volatility.

Where Did Most of the Money Leave From?

The United States saw the largest outflow, with $1.16 billion or 93% of the total losses. Switzerland reported $528 million in outflows due to a major early investor pulling out. Conversely, Germany saw a modest intake, with only $8 million coming to the market during this period.

How Did Major Cryptocurrencies Perform?

Bitcoin was the most affected asset, losing $978 million last week alone, accumulating $5.4 billion in outflows over the past five weeks. Ethereum and Solana also faced losses, with $175 million and $2.2 million in outflows, respectively.

Interestingly, XRP was one of the few digital assets that experienced inflows, adding $1.8 million to its total. While the broader market trends downward, XRP’s ability to attract capital showcases a varying trend compared to other major digital currencies. The Bitwise Bitcoin ETF recorded $23.04 million in net inflows, totaling $2.03 billion in assets under management, while VanEck Bitcoin ETF (HODL) saw $4.79 million in net inflows, bringing its total to $832.4 million with an AuM of $1.19 billion.

What Happened to Binance’s Assets?

Binance suffered significant asset withdrawal, with its AuM dropping almost to zero after a major investor pulled out, leaving just $15 million in AuM. Blockchain stocks also encountered a downward trend, with $40 million leaving the market. Despite the overall decline, BlackRock’s iShares Bitcoin Trust recorded $96.24 million in net outflows but remains the top-performing fund with a total of $39.24 billion in net inflows.

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