Bitcoin Leads $812M Weekly Outflows from Crypto Funds as US Macro Data Rattles Markets

Digital assets funds see $812m in outflows

Digital asset investment products saw $812m in outflows last week, though YTD inflows remain robust at $39.6bn, close to last year’s record, according to the lates Digital Assets Fund Flows Weekly Report from CoinShares. The US led outflows with $1bn, while Switzerland (+US$126.8m), Canada (+US$58.6m), and Germany (+US$35.5m) inflows suggested negative sentiment was isolated to the US. Bitcoin (-$719m) and Ethereum (-$409m) faced pressure, while…

Bitcoin Bleeds $719M But Outflows Lack Short Bets Signaling Weak Bearish Conviction – #CryptoUpdatesGNIT

Solana and XRP attracted significant inflows last week while defying the broader crypto downturn. Amidst a broader market downturn, Bitcoin investment products faced $719 million in outflows over the past week, but there was no significant uptick in short-bitcoin product demand. This meant that bearish sentiment may lack conviction and could prove short-lived. Crypto Funds Shed $812M Across the broader digital asset market, outflows rea…

Crypto Funds Lost $812M Last Week

Crypto Funds Lost $812M Last Week Crypto investment products suffered a significant setback last week, with net outflows reaching $812 million.

Bitcoin Leads $812M Weekly Outflows from Crypto Funds as US Macro Data Rattles Markets

Crypto asset investment products experienced a notable pullback last week, led by Bitcoin, with outflows totaling $812 million.

The Crypto Market Sees Impressive Inflows Despite Recent Cha

Institutional investors saw $812 million outflows, yet overall inflows remain positive. BTC experienced major outflows; other coins saw varied investment activity. Continue Reading:The Crypto Market Sees Impressive Inflows Despite Recent Challenges The post The Crypto Market Sees Impressive Inflow...