Crypto ETPs See Record $2.9B Outflow With BTC Leading Three-Week Streak: CoinShares

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Crypto ETPs See Record $2.9B Outflow With BTC Leading Three-Week Streak: CoinShares

Investor withdrawals hit $3.8B over three weeks amid Bybit hack, Fed uncertainty, and profit-taking from 19-week inflow streak.

La Criptomoneda

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Coinshares Reports on the Capital Flow of Cryptographic Funds. For one week Institutional investors withdrew $2.9 billion – This is the strongest exit in history. “This is the third consecutive week, when the exit from the capital is resolved. In just 21 days, it took $3.8 billion [...] The entry Check-out of $3.8 billion cryptographic funds was first published in La Cryptocurrency.

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Bitcoin and Ethereum Take a Hit as Crypto Fund Outflows Reach $2.9 Billion

CoinShares, a major European digital asset manager, recently published a significant report detailing the largest weekly outflows of crypto asset investment products on record. The data reveals that over $2.9 billion was withdrawn within the past week, pushing the three-week outflow total to $3.8 billion. This marks a sharp contrast to the prior 19-week inflow streak, which had attracted $29 billion into the market. Bitcoin Leads the Outflows, W…

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For the third week in a row, crypto-ETPs were outflows. Almost four billion US dollars were deducted in total. Source: BTC-ECHO BTC-ECHO

Crypto Economy

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Crypto Funds Face Historic $2.9B Outflows! - Crypto Economy

TL;DR Crypto funds are facing a record exodus of $3.8 billion in the last three weeks, creating uncertainty in the market and leaving many investors concerned. Bitcoin bore the brunt of the losses, with $2.59 billion in outflows, while Ethereum also saw negative flows, and other altcoins followed a similar downward trend. Despite the negative trend, German investors seized the opportunity presented by the price drop, with $55.3 million invested…

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Crypto ETPs See Record $2.9B Outflows Amid Market Uncertainty

Crypto exchange-traded products (ETPs) experienced their largest-ever weekly sell-off, with investors withdrawing $2.9 billion, according to CoinShares. This marks a sharp reversal after 19 consecutive weeks of inflows, reflecting growing uncertainty in the digital asset market. The latest outflows extend a three-week streak, now totaling $3.8 billion. CoinShares analyst James Butterfill attributes the sell-off to several factors, including inve…