Crypto Funds Face Third Consecutive Weekly Losses, Totaling $3 Billion In Out...
Recent commentary from the Kobeissi Letter has underscored a troubling trend in the capital markets: crypto-focused funds have encountered substantial outflows, with a notable $2 billion exiting last week alone. This marks the most significant withdrawal since February and extends a concerning streak, bringing total outflows to $3.2 billion over the last three weeks. Bitcoin And Ethereum Face Massive Withdrawals Leading these outflows is the market’s leading crypto, Bitcoin (BTC), which experienced a massive $1.4 billion in withdrawals, while the second largest cryptocurrency, Ethereum....
Related News
Institutional investors are diversifying into altcoins amid the latest market downturn. Multi-asset investment products registered another sharp rise in weekly inflows. Institutional outflows from cryptocurrency funds intensified last week, a sign that fund managers were still taking profits on their Bitcoin (BTC) holdings following a historic run-up through April. Digital asset investment products saw cumulative outflows totaling $19.5 million for the week ended Friday, marking the fourth consecutive weekly drawdown, according to CoinShares data. The bulk of the outflows were concentrated....
Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows. Crypto investment products registered minor weekly outflows last week as volumes plunged to their second-lowest levels of the year, signaling weak demand among institutional investors during the tail end of summer.Outflows from digital asset investment products totaled $8.7 million in the week ending Sunday, CoinShares reported Monday. Bitcoin (BTC) investment products saw a third consecutive week of outflows totaling $15.3 million. Funds with direct exposure to Solana....
Bitcoin and the broader cryptocurrency market are bullish again; institutional investors have increased their allocation accordingly. Institutional inflows into cryptocurrency products rose last week, as investment managers increased their exposure to Bitcoin (BTC) and leading altcoins, according to the latest CoinShares report. Total assets held by institutional managers reached $72.3 billion for the week ending Sunday, Oct. 17, the highest level on record. By comparison, institutional crypto holdings were worth $57 billion in March and reached $71.6 billion in May.For the latest week,....
Global crypto asset investment products saw a significant rebound in investor interest last week, with inflows totaling $3.75 billion, according to CoinShares’ latest fund flows report. The figure marks the fourth-largest weekly inflow on record, highlighting renewed activity following several weeks of muted sentiment across the sector. James Butterfill, head of research at CoinShares, noted […]
The latest fund flows report from CoinShares reveals sustained outflows from crypto asset investment products, signaling continued caution from investors amid global economic pressures. According to the firm’s data, last week marked the third consecutive week of outflows, totaling $795 million across various crypto-related funds. These withdrawals come amid the recent tariff disputes, notably driven […]