On May 18, CoinShares' latest weekly report shows that digital asset investment products experienced a net outflow of $1.07 billion last week, marking the first net outflow in seven weeks and the third-largest single-week fund outflow since 2026.

The report attributes this round of fund withdrawal mainly to rising geopolitical risks related to Iran, which led to a decline in market risk appetite. However, the passage of the CLARITY Act somewhat alleviated market sentiment, with 11 assets recording net inflows of over $1 million last week, and a single-day inflow of $174 million on Thursday.

Among them, Bitcoin investment products saw a net outflow of $982M, bringing the total net inflow for the year down to $3.9 billion; Ethereum experienced a net outflow of $249 million, the largest single-week outflow since January 30. Blockchain stock ETFs also came under pressure, with a weekly net outflow of $133 million. In contrast, some altcoins continued to attract funds:

XRP net inflow of $67.6 million;
Solana net inflow of $55.1 million;
TON net inflow of $7.7 million;
Sui net inflow of $4.7 million;
Ondo net inflow of $4.1 million;
Chainlink net inflow of $3.9 million;
Dogecoin net inflow of $3.2 million.

Regionally, the U.S. market led overall outflows, with a weekly net outflow of $1.14 billion; European investor sentiment remained relatively stable, with Switzerland, Germany, and the Netherlands recording net inflows of $22.8 million, $22 million, and $7.5 million respectively, while Canada experienced a net outflow of $12.6 million.