CoinShares, a cryptocurrency asset manager, has reported significant outflows of hundreds of millions of dollars from digital asset investment products last week. The latest Digital Asset Fund Flows Weekly Report published by CoinShares highlights the impact of high tariffs imposed by the U.S. President on the market.
Tariff Impact on Cryptocurrencies
The report indicates that the sharp tariffs announced by the U.S. President are likely exerting pressure on the market. According to CoinShares, the total outflow from crypto products amounted to $240 million. This situation reflects how measures taken in the global economic environment resonate with investor behavior.
The analysis reveals that the largest outflows originated from Bitcoin $0.000035, followed by similar trends observed in assets such as Ethereum
$1,797, Solana
$151, and Sui. Market participants’ movements are interpreted as a tendency towards distrust in digital assets or risk aversion.
CoinShares representative states, “Despite this outflow, total assets under management remained strikingly stable at $132.6 billion, indicating a 0.8% increase over the week. This resilience is particularly noteworthy compared to other asset classes like MSCI World equities, which experienced an 8.5% decline, highlighting the robustness of crypto assets amidst economic uncertainty.”
The report details an outflow of $207 million from Bitcoin, alongside outflows of $37.7 million from Ethereum, and $1.8 million and $4.7 million from Solana and Sui, respectively. Some niche tokens saw slight inflows reported.
According to the CoinShares representative, “Flows primarily occurred from Bitcoin, which saw an outflow of $207 million, with total inflows remaining at $1.3 billion since the beginning of the year. Altcoin flows were mixed; Ethereum experienced an outflow of $37.7 million, while Solana and Sui saw outflows of $1.8 million and $4.7 million, respectively. Esoteric tokens like Toncoin had an inflow of $1.1 million.”
Blockchain Stocks Show Positive Trends
The report notes positive developments in blockchain-related stocks. Investors are reportedly taking advantage of price weakness, leading to positive flows in this asset class.
According to a CoinShares representative, “Investors have viewed recent price weakness as a buying opportunity, resulting in a total inflow of $8 million into blockchain stocks for the second consecutive week.”
Data shows that flows in the digital asset market and blockchain stocks have remained more resilient compared to other traditional asset classes. The figures indicate that the impact of U.S. tariffs has caused a visible change in cash flows within the crypto market, while the total value of managed assets has remained nearly stable. Investors are advised to closely monitor market movements.