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Geopolitical tension and a crypto market lull spurred caution among investors, leading to outflows from investment vehicles last week.&nbsp; 
CoinShares reported $126 million in outflows from digital asset investment products. Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="">BTC</a>) declined more than 8% in the past seven days, falling as low as $61,000 on some crypto exchanges, per CoinMarketCap.&nbsp; 
Short BTC investors betting on lower prices injected $1.7 million in products and positions to capitalize on a declining market. 
Despite outflows, Bitcoin products like spot ETFs sustained inflows of over $555 million month-to-date. General digital asset investment trading volume also experienced an uptick to $21 billion week-on-week, up from $17 billion last week.&nbsp; 
However, ETF volumes retraced to 31% of total volume across approved exchanges due to a pullback in investor confidence. The pattern was predominant in the U.S., and this region recorded the largest outflows amounting to $145 million.&nbsp; 
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 <img loading="lazy" decoding="async" width="1008" height="594" src="https://crypto.news/app/uploads/2024/04/Screenshot-381.png" alt="CoinShares: Investors withdraw $126m as crypto confidence wanes - 24"> 
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 Regional digital asset investment product outflows | Source: <a href="https://blog.coinshares.com/volume-178-digital-asset-fund-flows-weekly-report-02e978e7d82e" target="_blank" rel="">CoinShare</a>
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 You might also like: <a href="https://crypto.news/bitcoin-crypto-investment-inflows-record/" rel=""> CoinShares: Bitcoin drives crypto investment inflows to $13.8b record </a> 
<h2 class="wp-block-heading" id="crypto-altcoins-capture-minor-capital-but-not-ethereum">Crypto altcoins capture minor capital, but not Ethereum</h2> 
While some long-standing altcoin products appealed to investors, Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank" rel="">ETH</a>) fell out of favor for the fifth consecutive week. Ether investment products saw outflows totaling $29 million. The token also marked an 11% downswing amid a widespread market correction in the past week. 
Solana (<a href="https://crypto.news/price/solana/" target="_blank" rel="">SOL</a>), once hailed as a so-called ‘Ethereum-killer,’ recorded outflows of $3.6 million. Meanwhile, other products underpinned by veteran virtual assets like Decentraland (<a href="https://crypto.news/price/decentraland/" target="_blank" rel="">MANA</a>), Basic Attention Token, and Lido captured inflows worth $4.9 million, $2.9 million, and $1.8 million, respectively.&nbsp; 
Although markets logged price stagnation and broad retraces across several assets, this week has seen a rebound in positive activity, as <a href="https://www.coingecko.com/" target="_blank" rel="">CoinGecko</a> said the total crypto market cap jumped 3.6% in the last 24 hours.&nbsp; 
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 <img loading="lazy" decoding="async" width="1024" height="846" src="https://crypto.news/app/uploads/2024/04/Screenshot-383-1024x846.png" alt="CoinShares: Investors withdraw $126m as crypto confidence wanes - 25"> 
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 Crypto market rebound on April 15 | Source: CoinGecko
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 Read more: <a href="https://crypto.news/bitcoin-miners-could-liquidate-5b-in-btc-post-halving/" rel=""> Bitcoin miners could liquidate $5b in BTC post-halving </a>

CoinShares: Investors withdraw $126m as crypto confidence wanes

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