CoinShares: Net outflow of $360 million from digital asset investment products last week.

According to a CoinShares report, digital asset investment products saw a net outflow of $360 million last week, mainly due to investors interpreting Federal Reserve Chairman Powell's comments on a potential December rate cut as hawkish, leading to market uncertainty.

The United States led this capital outflow, with a net outflow of $439 million, while Germany and Switzerland recorded small net inflows of $32 million and $30.8 million respectively, partially offsetting the US outflow.

Bitcoin saw outflows of $946 million. In contrast, Solana attracted a net inflow of $421 million, the second-highest ever, with funds primarily flowing into the newly launched US ETF, bringing its year-to-date net inflow to $3.3 billion. Ethereum also recorded a net inflow of $57.6 million.