In its latest weekly report, CoinShares revealed that the total outflow from digital asset investment products reached $726 million last week, a figure comparable to the historical record high outflow seen in March this year. Analysis suggests that the main cause of this negative sentiment is the stronger-than-expected macroeconomic data released last week, which raised market expectations for a potential 25 basis point rate cut by the Federal Reserve. Under this backdrop, the total outflow from Bitcoin amounted to $643 million, while short positions on Bitcoin saw an inflow of $3.9 million. Additionally, Ethereum experienced a total outflow of $98 million, whereas Solana showed relatively positive performance among all cryptocurrencies, recording a net inflow of $6.2 million.