Digital asset-based investment products saw $255 million in outflows during the week of Mar. 6 – 12, marking the fifth consecutive week of losses, according to CoinShares’ weekly report.

The amount also marks the most significant single weekly outflow on record, which currently accounts for 1% of the whole market, as CoinShares’ data indicates. During the week of Mar. 6 – 12, the total assets under management (AuM) recorded a 10% decline, which “wiped out the inflows seen this year,” according to the report.

Flows by asset

Bitcoin (BTC) – based investment products recorded the largest outflow last week with $243.5 million outflows, accounting for over 95% of the total flows recorded during the week.