CoinShares: Last week, digital asset investment products saw an outflow of 1.07 billions dollars
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Jinse Finance reported that on May 18, an exchange released its latest weekly report indicating that last week, digital asset investment products saw an outflow of $1.07 billion. This marks the first negative growth in seven weeks and is the third-largest weekly outflow since 2026, second only to two weeks in late January. Bitcoin recorded an outflow of $982 million, with a total outflow of $3.9 billion since the beginning of the year. Ethereum saw an outflow of $249 million, marking the largest single-day outflow since January 30. Blockchain stock ETFs were also impacted by risk-averse sentiment, with total outflows reaching $133 million. Altcoins performed particularly well. XRP recorded inflows of $67.6 million, and Solana recorded $55.1 million, both showing accelerated growth in recent weeks. Although the inflow sizes for Ton ($7.7 million), Sui ($4.7 million), Ondo ($4.1 million), Chainlink ($3.9 million), and Doge ($3.2 million) were relatively small, they were still significant, indicating that investors are increasingly turning their attention to cryptocurrencies other than Bitcoin and Ethereum in search of selective investment opportunities.
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