Global crypto ETP outflows extend to fourth week as $3.7 billion exits in past month: CoinShares

Digital asset investment products have recorded their fourth consecutive week of net outflows, bringing the total divestment over the past month to approximately $3.7 billion. According to the latest report from CoinShares, the trend highlights a cooling of institutional appetite following the record-breaking inflows observed earlier in the year. The outflows were primarily concentrated in Bitcoin-related products, although Ethereum and other major altcoins also faced selling pressure. Regionally, the United States accounted for the bulk of the exits, signaling a shift in momentum for the recently launched spot Bitcoin ETFs. Market analysts attribute this sustained period of outflows to macroeconomic uncertainty and shifting expectations regarding global interest rate policies, which have prompted investors to adopt a more cautious stance toward high-risk digital assets.

Source: Global crypto ETP outflows extend to fourth week as $3.7 billion exits in past month: CoinShares