Global crypto ETPs log $1.7 billion in weekly outflows as bearish macro sentiment spurs largest withdrawal since November: CoinShares

Digital asset investment products, commonly structured as Exchange Traded Products (ETPs), experienced a dramatic shift in investor behavior last week, registering the largest weekly capital withdrawal since November of last year. According to data published by CoinShares, a key digital asset manager and analyst, global crypto ETPs collectively recorded outflows totaling $1.7 billion. This substantial reversal in flows is predominantly linked to worsening bearish macro sentiment across global financial markets. Institutional investors appear to be aggressively de-risking portfolios amid persistent concerns over inflation, prolonged high interest rates, and overall economic uncertainty. The bulk of the selling pressure was concentrated in Bitcoin (BTC) investment products, which typically constitute the largest share of assets under management in the ETP sector. The $1.7 billion figure represents a significant institutional retreat, signaling widespread liquidation of positions and a move to the sidelines as market participants brace for potential further volatility in the near term. These flow dynamics emphasize the acute sensitivity of the institutional crypto market to broader macroeconomic headwinds.

Source: Global crypto ETPs log $1.7 billion in weekly outflows as bearish macro sentiment spurs largest withdrawal since November: CoinShares