## [# Digital Assets See $120M In Outflows](/sections/bitcoin-crypto/digital-assets-see-120m-outflows)
# Digital Assets See $120M In Outflows
Total outflows in latest four-week run at $339 million.
[](/contributors/james-butterfill)
[By James Butterfill](/contributors/james-butterfill)
May 03, 2022
Edited by: James Butterfill
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- Digital asset investment products saw outflows totalling US$120m, bringing total outflows in this 4-week run to US$339m.
- Bitcoin saw the majority outflows in what was the largest single week of outflows since June 2021.
- FTX Token, the utility token for the fast growing FTX crypto exchange, bucked the negative trend with inflows totalling US$38m last week, the largest of all crypto assets we track.
- Blockchain equities finally succumbed to the negative sentiment with outflows totalling US$27m.
Digital asset investment products saw outflows totalling US$120m, bringing total outflows in this 4-week run to US$339m. This doesn’t reflect the same bearishness seen at the beginning of this year, although it is close to the US$467m outflows witnessed. Regionally, the outflows were fairly evenly split between The Americas comprising 41% and Europe 59%.
Bitcoin saw the majority outflows in what was the largest single week of outflows since June 2021, at US$133m. It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline.
Ethereum saw outflows totalling US$25m last week, out of the 17 weeks this year, only 5 have seen outflows. Year-to-date outflows now sit at US$194m.
Most large altcoins saw minor outflows last week with minor inflows into Terra and Fantom totalling US$0.39m and US$0.25m respectively.
FTX Token, the utility token for the fast growing FTX crypto exchange, bucked the negative trend with inflows totalling US$38m last week, the largest of all crypto assets we track.
Blockchain equities finally succumbed to the negative sentiment with outflows totalling US$27m last week, only the third week to see outflows this year.
*Contact James Butterfill at [research@coinshares.com](mailto:research@coinshares.com "Follow link")*
[ James Butterfill Head of Research and Investment Strategy ](/contributors/james-butterfill)
James Butterfill has over 19 years of experience in fund management, investment banking, economics and asset allocation, gained most recently as an… [View Bio](/contributors/james-butterfill)
Related Topics [Bitcoin](http://www.etf.com/topics/bitcoin)
[Crypto](http://www.etf.com/topics/cryptocurrency)
[Blockchain](http://www.etf.com/topics/blockchain)