Digital Asset Investment Products See $2 Billion in Weekly Outflows

Investment products linked to digital assets recorded $2 billion in outflows last week, the largest single-week withdrawal since February, data show. The outflows extended a three-week decline that has pulled $3.2 billion from the market. Total assets under management in digital asset exchange-traded products have fallen 27% from a peak of $264 billion in early October to $191 billion.