Digital asset funds see $1.94B outflows last week, marking third-largest exodus since 2018

Digital asset investment products recorded $1.94 billion in outflows last week, bringing the four-week total to $4.92 billion, CoinShares said in its Nov. 24 weekly report. Bitcoin and Ethereum led the outflows, though both showed signs of recovery on Friday, while short-Bitcoin products continued to see strong inflows. Among altcoins, Solana experienced $156 million in outflows, whereas XRP bucked the trend with $89.3 million in inflows.