Digital Asset Investment Products See $1.07B Net Outflows Last Week as Iran Tensions Trigger Exodus

According to CoinShares, institutional digital asset investment products recorded net outflows of approximately $1.07 billion last week (May 11-17), marking the third-largest weekly outflow this year and ending six consecutive weeks of net inflows. Geopolitical tensions related to Iran drove the selloff, with Bitcoin declining $982 million and Ethereum dropping $249 million, the largest single-week outflow since January 30. The United States accounted for $1.14 billion of the withdrawals. In contrast, XRP and Solana recorded inflows of $67.6 million and $55.1 million respectively, while other assets including Ton, Sui, Ondo, Chainlink, and Doge also attracted smaller capital flows.