CoinShares, a European cryptocurrency investment firm, has reported that digital asset investment products have seen a continued streak of outflows, with a total of $54 million exiting the market. Bitcoin funds witnessed outflows of $38 million, accounting for 80% of the total outflows over the past four weeks.

However, eight different altcoin assets received inflows, indicating that investors are becoming more adventurous and selective in their investment choices.

A separate survey conducted by Bloomberg’s Markets Live Pulse suggests that in the event of a theoretical debt default in the United States, Bitcoin could emerge as one of the top three assets alongside gold and United States Treasuries.