Crypto funds saw $1.9 billion outflow last week, totaling $4.9 billion in four weeks
Key Takeaways
- $1.9 billion in outflows from digital asset funds last week
- Four-week total outflows reached $4.9 billion
Digital asset investment products experienced around $1.9 billion in outflows last week, bringing the four-week total to $4.9 billion amid continued market pressures, according to CoinShares Research.
The sustained withdrawals reflect ongoing monetary policy uncertainty and heavy selling from crypto whales, contributing to weak market momentum across the sector.
Bitcoin and Ethereum products bore the brunt of major withdrawals, while other funds attracted inflows as investors sought diversification strategies.
The extended outflow period has coincided with declining interest in crypto exchange-traded funds, as market volatility continues to impact investor sentiment toward digital asset exposure through traditional financial vehicles.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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