Crypto Funds See 4th Week of Outflows, but XRP and SOL Shine: CoinShares Report
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Investment products linked to digital assets saw outflows of $173 million this week, totaling $3.74 billion over four weeks. Inflows peaked at $575 million before subsequent outflows reached $853 million. ETP trading volumes dropped to $27 billion, significantly lower than the previous week's $63 billion.
Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative losses over four weeks to $3.74 billion. Early in the week, inflows reached $575 million amidst brief optimism, but continued price weakness, which ended up triggering $853 million in outflows soon after.
Sentiment stabilized slightly on Friday following softer CPI data, as these investment vehicles witnessed $105 million of inflows. Trading activity also cooled significantly, and ETP volumes fell to $27 billion, less than half of the record $63 billion seen the week before.
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Crypto Funds Bleed $173M As Outflows Extend To Fourth Week – Report
Crypto’s red streak continues: Weak U.S. sentiment behind week 4 of outflows
Crypto Funds See 4th Week of Outflows, but XRP and SOL Shine: CoinShares Report
Поделиться:
Investment products linked to digital assets saw outflows of $173 million this week, totaling $3.74 billion over four weeks. Inflows peaked at $575 million before subsequent outflows reached $853 million. ETP trading volumes dropped to $27 billion, significantly lower than the previous week's $63 billion.
Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative losses over four weeks to $3.74 billion. Early in the week, inflows reached $575 million amidst brief optimism, but continued price weakness, which ended up triggering $853 million in outflows soon after.
Sentiment stabilized slightly on Friday following softer CPI data, as these investment vehicles witnessed $105 million of inflows. Trading activity also cooled significantly, and ETP volumes fell to $27 billion, less than half of the record $63 billion seen the week before.
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Crypto Funds Bleed $173M As Outflows Extend To Fourth Week – Report