Crypto Funds Bleed $4.75B as Market Drop Erases Post-Election Gains
12 Articles
12 Articles
Crypto Funds Bleed $4.75B as Market Drop Erases Post-Election Gains
Crypto investment products have been seeing weekly outflows for four consecutive weeks now, with $876 million withdrawn last week, bringing the four-week total to $4.75 billion.The sustained withdrawals and an ongoing cryptocurrency market drawdown have erased gains made since November 2024 after Donald Trump won the U.S. Presidential elections, pushing total assets under management (AUM) down by $39 billion to $142 billion.Investor sentiment in…
Digital assets funds see fourth consecutive week of outflows
Digital asset investment products saw their fourth consecutive week of outflows, totalling $876m, bringing total outflows over this negative spell to $4.75bn, according to the latest Digital Asset Fund Flows Weekly report from CoinShares. Regionally, US investors were the most bearish pulling out $922m, while most other regions saw this as a buying opportunity. Bitcoin was the primary focus, seeing $756m in outflows last week, although short-bit…
Crypto Funds Lose $876 Million in Fourth Consecutive Week of Outflows
Cryptocurrency exchange-traded products (ETPs) have recorded their fourth consecutive week of outflows, with investors withdrawing $876 million in the past week.This figure brings the total outflows over the past month to $4.75 billion, significantly reducing the year-to-date inflows to $2.6 billion, according to this week’s fund flows report by CoinShares. Consequently, total assets under management (AUM) have declined by $39 billion to $142 bi…
Investors Withdraw $4.75 Billion from Crypto Funds in Recent
Investors withdrew a total of $4.75 billion from crypto funds recently. Economic indicators are influencing investor strategies and market outlooks. Continue Reading:Investors Withdraw $4.75 Billion from Crypto Funds in Recent Weeks The post Investors Withdraw $4.75 Billion from Crypto Funds in...
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