CoinShares reports $173M of outflows from digital asset investment products last week — the fourth consecutive week of withdrawals — bringing four-week outflows to $3.74B. The US led outflows with $403M; Europe and Canada recorded combined inflows (Germany $115M, Canada $46.3M, Switzerland $36.8M). Bitcoin and Ethereum had the largest redemptions ($133M and $85.1M), while XRP ($33.4M), Solana and Chainlink saw inflows. ETP trading volumes dropped to $27B from a record $63B; midweek selling erased an early-week $575M inflow with a $105M Friday uptick after softer US CPI data.

Concrete fund-flow data: $173M outflows last week and $3.74B over four weeks; US-led $403M outflows; BTC and ETH largest redemptions ($133M, $85.1M); ETP volumes fell from $63B to $27B; midweek selling reversed a $575M inflow with a $105M Friday uptick after softer US CPI data.