CoinShares: Crypto Investment Products See $1.07B Weekly Outflows as Iran Tensions Trigger Risk-Off
CoinShares said crypto investment products recorded $1.07 billion of outflows over the past week, snapping a six-week run of inflows. Bitcoin led the pullback with $982 million in outflows, while Ethereum saw $249 million exit. In contrast, XRP and Solana still drew fresh capital, posting inflows of $67.6 million and $55.1 million, respectively. CoinShares attributed the broader selloff to a renewed risk-off shift tied to geopolitical concerns related to Iran.