The Middle East situation is fueling the spread of global asset safe-haven sentiment, with digital asset fund outflows intensifying to $1.47 billion

According to Coinshares Weekly Report, last week, global digital asset investment products experienced a net outflow of $1.47 billion for the second consecutive week, marking the third-largest weekly outflow since 2026.

Data shows that the total outflow over the past two weeks has reached $2.54 billion, second only to the peak of over $1.7 billion in two consecutive weeks in late January;

This phenomenon indicates that, despite the ongoing push for the CLARITY Act, geopolitical risks related to Iran continue to intensify, further spreading global risk-averse sentiment.

Meanwhile, Bitcoin outflows have decreased from $3.9 billion the previous week to $2.6 billion, warning investors that as risk aversion rises, Bitcoin holdings are rapidly shrinking this year.

In terms of country/region distribution, almost all areas experienced capital outflows. Among them, the US led with a weekly outflow of $1.43B;

At the same time, risk-averse sentiment has spread beyond the US. For example, Switzerland, Canada, and Hong Kong recorded weekly net outflows of $16.2 million, $12.5 million, and $12.2 million, respectively;

Looking at asset categories, Bitcoin experienced the largest weekly outflow since 2026, totaling $1.32B, surpassing the peak at the end of January. Ethereum outflows amounted to $222.8 million, roughly unchanged from last week.

Although some altcoins saw inflows, the scale was significantly smaller than the previous week. For example, XRP, Solana, Sui, and Multi-asset recorded inflows of $31.8 million, $7.7 million, $2.9 million, and $4.7 million last week;

Moreover, only nine assets recorded inflows exceeding $1 million last week, down from eleven the previous week, indicating that risk-averse sentiment is broadly suppressing risk appetite in the crypto market.

In summary, driven by geopolitical pressures and the spread of global risk-averse sentiment, institutional investors are continuing to reduce holdings in high-risk investment products like crypto ETFs. This may suggest that unless macroeconomic conditions stabilize in the coming weeks, short-term capital inflows #加密货币ETP # are unlikely.