🚹 Digital Asset Investment Products Experience Significant Outflows Amid Fed Rate Expectations 📉💰

According to PANews 📰, recent data from CoinShares reveals that digital asset investment products saw a net outflow of $454 million last week ❗ Over the past four days ⏳, the cumulative outflow reached $1.3 billion, nearly offsetting the $1.5 billion inflow recorded at the beginning of the year 📊. This trend is largely attributed to diminished expectations of a Federal Reserve rate cut in March 🏩📉.

The U.S. market đŸ‡ș🇾 experienced a net outflow of $569 million, while Germany đŸ‡©đŸ‡Ș, Canada 🇹🇩, and Switzerland 🇹🇭 recorded inflows of $58.9 million, $24.5 million, and $21 million, respectively âž•đŸ’”.

Bitcoin 🟠 and Ethereum đŸ”· saw outflows of $405 million and $116 million, respectively 📉. In contrast, Solana 🟣, XRP ⚫, and Sui 🌊 experienced inflows of $32.8 million, $45.8 million, and $7.6 million, respectively 📈✹.

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