It seems like big investors are indeed pulling back, and here's the lowdown:
- *Crypto Market Outflows*: Bitcoin and Ethereum ETFs saw significant withdrawals, with $357.7 million and $224.8 million exiting in recent days, respectively. This reflects a defensive shift amid a fragile macro environment and uncertainty around US monetary policy.
- *Specific Coins*:
- *XRP* is bucking the trend, with its spot ETFs surpassing $1 billion in cumulative inflows, adding $10.89 million recently.
- *Solana* also saw $35.2 million in inflows, showing pockets of demand.
- *Reasons Behind the Move*:
- Weakness in tech stocks, profit-taking, and cautious sentiment around Fed policy changes.
- Regulatory uncertainty, with US crypto legislation delayed to 2026.
- *Market Impact*: Bitcoin dropped below $87,000, and Ethereum slid under $3,000, with the global crypto market cap down 3.88% to $2.93 trillion ¹ ² ³.
Overall, investors seem to be rebalancing portfolios more conservatively. Want to dive deeper into a specific coin or strategy? 📊$
