After five straight weeks of inflows, digital asset investment products turned negative during the previous one, with $414 million in outflows. Investors are becoming more cautious due to the Iran conflict and growing concerns around inflation, according to CoinShares.
Key takeaways
Quick scan — what you need to know:
- After five straight weeks of inflows, digital asset investment products turned negative during the previous one, with $414 million in outflows.
- Investors are becoming more cautious due to the Iran conflict and growing concerns around inflation, according to CoinShares.
- Expectations for the June FOMC meeting have also shifted significantly.
- Markets had earlier priced in rate cuts, but are now leaning toward possible rate hikes.
Background
What led here, in plain terms:
- Such a change in sentiment has pushed total assets under management (AuM) down to $129 billion, bringing it back to levels seen in early February and around April 2025 during Trump’s tariff…
- Ethereum Leads Losses According to the latest edition of CoinShares, negative sentiment hit Ethereum the hardest, possibly due to the latest Clarity Act news, as $222 million exited the asset.
- This pushed its yearly total to a net loss of $273 million, the poorest performance across digital assets.
- Bitcoin also experienced $194 million in outflows during the week, but it continues to maintain a net positive position of $964 million so far this year.
Why it matters
Why readers and decision-makers should care:
- The firm expects Bitcoin to remain largely sideways at least until early April, when a crucial US deadline on potential military action against Iran approaches.
- Rising geopolitical risks and high oil prices could keep inflation high, which may influence BTC’s longer-term appeal as a non-sovereign store of value.
- The post BTC, ETH Bleed but XRP Shines as $414M Exit Sparks Market Anxiety: CoinShares appeared first on CryptoPotato.