Digital asset investment funds have experienced $30 million in outflows over the past three weeks, with Ethereum facing its largest withdrawals since 2022, according to recent data. Earlier in the week, most Exchange-Traded Funds (ETF) investment vehicles posted minor outflows, contrasting with previous performances. iShares ETFs recorded a positive inflow of $84 million, with a […]
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- Digital asset outflows reached $30 million in three weeks.
- Bitcoin and multi-asset investments see positive inflows despite overall market caution.
- The U.S. leads regional inflows, while Germany, Canada, Hong Kong, and Switzerland experience substantial outflows.
Digital asset investment funds have experienced $30 million in outflows over the past three weeks, with Ethereum facing its largest withdrawals since 2022, according to recent data.
Earlier in the week, most Exchange-Traded Funds (ETF) investment vehicles posted minor outflows, contrasting with previous performances. iShares ETFs recorded a positive inflow of $84 million, with a month-to-date (MTD) total of $1.1 billion. Fidelity ETFs also reported inflows of $13 million, adding to their year-to-date (YTD) total of $9.2 billion.
However, these positive inflows were offset by Grayscale Investments’ significant outflow of $153 million during the same period. Meanwhile, trading volume rose by 43% compared to the previous week, although this figure remains below the $14.2 billion weekly average for 2024.
Bitcoin remained the most popular asset in the cryptocurrency market, attracting $10 million in…
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