Last week, there was a clear divergence in the capital flows of digital asset investment products. Overall, the market experienced a $446 million outflow.

In terms of regional distribution, the United States performed poorly with a net outflow of $460 million, while Germany defied the trend with a net inflow of $35.7 million, creating an interesting contrast.

At the currency level, the performance was more diversified. Bitcoin and Ethereum continued to weaken, with Bitcoin experiencing a net outflow of $443 million and Ethereum a net outflow of $59.5 million. However, XRP and Solana appeared more attractive—XRP had a net inflow of $70.2 million, and Solana a net inflow of $7.5 million. This divergence reflects differing investor attitudes toward various currencies and also hints at a more diversified range of investment options in the market.