📉 Crypto Investment Products See $812M Outflows
Last week, crypto ETPs faced a sharp $812M in outflows, ending a two-week inflow streak (CoinShares).
🔻 Key Highlights:
Total AUM dropped from $241B → $221B
$BTC funds saw $719M outflows
$ETH funds lost $409M
Meanwhile, $SOL stood out with $291M inflows, likely on ETF anticipation 🚀
👉 The drop coincided with Bitcoin falling from $112K → $109K, as investor confidence in U.S. rate cuts weakened.
⚡ Despite the setback, crypto ETPs still hold $4B MTD inflows and may rival last year’s $48.6B record inflows if momentum continues.
❓Do you see this as a healthy correction or the start of a deeper pullback?
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#Bitcoin #Ethereum #Solana #CryptoFunds #CryptoETFMonth
Last week, crypto ETPs faced a sharp $812M in outflows, ending a two-week inflow streak (CoinShares).
🔻 Key Highlights:
Total AUM dropped from $241B → $221B
$BTC funds saw $719M outflows
$ETH funds lost $409M
Meanwhile, $SOL stood out with $291M inflows, likely on ETF anticipation 🚀
👉 The drop coincided with Bitcoin falling from $112K → $109K, as investor confidence in U.S. rate cuts weakened.
⚡ Despite the setback, crypto ETPs still hold $4B MTD inflows and may rival last year’s $48.6B record inflows if momentum continues.
❓Do you see this as a healthy correction or the start of a deeper pullback?
$
#Bitcoin #Ethereum #Solana #CryptoFunds #CryptoETFMonth