📊 Summary of the report from CoinShares on the cash flow of Crypto in the past week:

🔽 Total cash flow: -952 million USD, the first outflow week after 4 weeks → investor sentiment worsened due to the delay of the US Clarity Act, leading to legal uncertainty, along with concerns that whales continue to sell. Total AUM is currently 46.7 billion USD, lower than 48.7 billion USD in 2024, and the likelihood of surpassing last year's inflow is decreasing.

🔴 Ethereum: - 555 million USD (largest outflow) → understandable as ETH is most affected by the Clarity Act. Nevertheless, YTD inflow 2025: 12.7 billion USD, still much higher than 5.3 billion USD in 2024.

🔴 Bitcoin: - 460 million USD. YTD inflow: 27.2 billion USD, still lower than 41.6 billion USD in 2024 → BTC continues to be weaker than last year.

🟢 Altcoins:

+ $SOL : +48.5 million USD

+ $XRP : +62.9 million USD

✨ Summary: Institutional cash is withdrawing from the US market, reflecting short-term legal risks. $ETH and $BTC are under strong pressure, while SOL and XRP continue to attract money, indicating a clear selective strategy. General sentiment: defensive – avoiding risks, not yet returning to “risk-on”.