The negative sentiment in digital asset investment products reached the fourth week recording an outflow of $17 million. Confirming the same, the latest edition of the CoinShares report stated,

“The poor sentiment likely represents continued investor concerns over regulatory uncertainty for the asset class.”

Institutional investors are feeling the pressure as the US regulatory agency, the Securities and Exchange Commission (SEC), continued to target the crypto entities in the country. The outflows, however, have been minor this week compared to the figures in the past few weeks.