Investor appetite for digital asset funds cooled last week, with $240 million in outflows recorded amid rising concerns over the economic fallout from new U.S. trade tariffs, according to CoinShares’ latest weekly report. Bitcoin products bore the brunt of the retreat, accounting for $207 million in outflows, the largest share by far.
The moves reflect broader risk-off sentiment across markets as investors brace for potential slowdowns in global growth. Nevertheless, the total Assets Under Management (AUM) in digital investment products rose marginally to $132.6 billion, underscoring the asset class’s relative resilience compared to traditional equities, which experienced sharper declines.
Ethereum products posted $37.7 million in outflows, while smaller altcoins such as solana and sui registered losses of $1.8 million and $4.7 million, respectively. Toncoin, however, bucked the trend with $1.1 million in inflows, suggesting that investors are selectively rotating into alternative digital assets.
Geographically, the exodus was led by the United States and Germany, which saw $210 million and $17.7 million withdrawn, respectively. Canadian investors proved more bullish, contributing $4.8 million in net inflows as they sought exposure during the broader pullback.
In a notable divergence, blockchain equities , often seen as a proxy for broader sentiment toward digital infrastructure, attracted $8 million in inflows for a second consecutive week. The trend signals that some investors view the recent weakness as an opportunity to accumulate positions at more attractive valuations.
While market volatility persists, the underlying resilience in digital asset valuations points to a maturing investor base increasingly willing to weather short-term disruptions for long-term growth prospects.
