{"id":11107,"date":"2025-02-03T17:17:23","date_gmt":"2025-02-03T17:17:23","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11107"},"modified":"2025-02-03T17:17:23","modified_gmt":"2025-02-03T17:17:23","slug":"deepseek-news-triggered-530m-in-outflows-before-rapid-rebound-coinshares","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11107","title":{"rendered":"DeepSeek News Triggered $530M in Outflows Before Rapid Rebound: CoinShares"},"content":{"rendered":"
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Investment in digital asset products saw total inflows of $527 million last week. However, intraweek flows revealed fluctuating investor sentiment, largely driven by broader market concerns, including the DeepSeek news, which led to $530 million in outflows on Monday.<\/p>\n

Despite this initial decline, the market recovered with over $1 billion in inflows later in the week. With $44 billion in inflows recorded in 2024, $5.3 billion in year-to-date (YTD) inflows, and significant price increases, CoinShares revealed that the current sell-off is not surprising.<\/p>\n

XRP Becomes Top-Performing Altcoin<\/h2>\n

According to CoinShares\u2019 Digital Asset Fund Flows Weekly Report<\/a>, BTC experienced inflows of $486 million last week, while short-Bitcoin investments saw a second consecutive week of inflows, totaling $3.7 million. Ethereum, on the other hand, ended the week with net-zero flows but faced challenges earlier, likely due to its higher exposure to the technology sector and concerns over global economic growth.<\/p>\n

XRP has emerged as the second-best performer, with year-to-date inflows reaching $105 million, including $15 million last week. Overall, altcoins recorded positive inflows, with Solana attracting $4.5 million, followed by Chainlink with $3.1 million and Cardano with $1 million. However, Litecoin experienced a slight outflow of $0.2 million.<\/p>\n

Meanwhile, multi-asset investment products saw nearly $9 million in inflows over the past week, reflecting continued investor interest in diversified digital asset portfolios. Additionally, blockchain equities have attracted $160 million in year-to-date inflows as investors view the recent price downturn as a chance to buy.<\/p>\n

Canada Faces Setback<\/h2>\n

In terms of regional inflows, the US led with a full week of investments totaling $474 million, contributing to a year-to-date inflow of $5 billion. A similar trend was observed in Europe, where digital asset products attracted $78 million last week, which catapulted the total YTD inflows to $93 million.<\/p>\n

Among European nations, Switzerland saw the highest inflows at nearly $58 million, followed by Germany with $22.3 million. Sweden, on the other hand, experienced outflows of $3.6 million.<\/p>\n

Other regions also reported positive inflows. For instance, Brazil recorded $15.8 million in inflows, while Hong Kong added $2.3 million during the same period. Australia recorded a modest inflow of $0.1 million.<\/p>\n

However, Canada faced significant outflows of $43 million, possibly due to concerns over potential US trade tariffs<\/a>.<\/p>\n

The post DeepSeek News Triggered $530M in Outflows Before Rapid Rebound: CoinShares<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Investment in digital asset products saw total inflows of $527 million last week. However, intraweek flows revealed fluctuating investor sentiment, largely driven by broader market concerns, including the DeepSeek news, which led to $530 million in outflows on Monday. Despite this initial decline, the market recovered with over $1 billion in inflows later in the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11107","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11107"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11107\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}