According to Gate News, on March 30, CoinShares data showed that last week, digital asset investment products experienced their first net outflow in five weeks, with an outflow of $414 million. The total assets under management (AuM) subsequently fell to $129 billion, returning to levels seen in early February of this year. Analyst James Butterfill pointed out that the ongoing tensions in Iran and rising inflation expectations were the main drivers, and market expectations for the June Federal Open Market Committee (FOMC) interest rate decision have shifted from rate cuts to rate hikes. Regionally, the outflow pressure was almost entirely concentrated in the United States, with a net outflow of $445 million in a single week; Switzerland saw a slight outflow of $4 million. Investors in Germany and Canada, however, bought on dips, recording net inflows of $21.2 million and $15.9 million, respectively. In terms of assets, Ethereum was impacted by news related to the Clarity Act, experiencing a weekly outflow of $222 million, with a cumulative net outflow of $273 million year-to-date. Bitcoin had a weekly outflow of $194 million, but still maintained a net inflow of $964 million year-to-date; Solana saw an outflow of $12.3 million. XRP was one of the few assets to record a net inflow, with a weekly inflow of $15.8 million.
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