TechFlow news, on November 24, according to the latest research report of CoinShares, digital asset investment products recorded a large-scale outflow of $1.94 billion last week, bringing the cumulative outflow in four weeks to $4.92 billion, accounting for 2.9% of total assets under management, the third largest outflow since 2018.

Bitcoin and Ethereum led the decline, with outflows of $1.27 billion and $589 million, respectively, but showed signs of recovery last Friday, recording inflows of $225 million and $57.5 million, respectively, on the day. Short Bitcoin products continue to be favored, with inflows of $40 million in three weeks.

Notably, Solana saw an outflow of $156 million, while XRP bucked the trend with an inflow of $89.3 million. Despite recent large-scale outflows, total inflows have remained high at $44.4 billion so far this year.