Digital asset funds post first weekly outflow in five weeks as AuM slips to $129 billion

Digital asset investment products recorded $414 million in net outflows last week, pushing total assets under management down to $129 billion and ending a five-week streak of weekly inflows. Ethereum led the withdrawals with $222 million in outflows, bringing year-to-date flows to $273 million. Bitcoin saw $194 million in outflows for the week but remains at $964 million in net inflows year to date. XRP stood out as one of the few gainers, drawing $15.8 million in inflows.