Bitcoin
Bitcoin (BTC)
$101,166.00 5.42826
Bitcoin price
Ethereum
Ethereum (ETH)
$3,898.55 2.11402
Ethereum price
BNB
BNB (BNB)
$730.81 -0.19332
BNB price
Solana
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$238.56 3.92205
Solana price
XRP
XRP (XRP)
$2.41 -0.93875
XRP price
Shiba Inu
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$0.0000314 5.14519
Shiba Inu price
Pepe
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$0.0000218 3.0132
Pepe price
Bonk
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$0.0000434 5.1064
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dogwifhat
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$3.32 3.55278
dogwifhat price
Popcat
Popcat (POPCAT)
$1.37 0.55154
Popcat price
Bitcoin
Bitcoin (BTC)
$101,166.00 5.42826
Bitcoin price
Ethereum
Ethereum (ETH)
$3,898.55 2.11402
Ethereum price
BNB
BNB (BNB)
$730.81 -0.19332
BNB price
Solana
Solana (SOL)
$238.56 3.92205
Solana price
XRP
XRP (XRP)
$2.41 -0.93875
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000314 5.14519
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000218 3.0132
Pepe price
Bonk
Bonk (BONK)
$0.0000434 5.1064
Bonk price
dogwifhat
dogwifhat (WIF)
$3.32 3.55278
dogwifhat price
Popcat
Popcat (POPCAT)
$1.37 0.55154
Popcat price
Bitcoin
Bitcoin (BTC)
$101,166.00 5.42826
Bitcoin price
Ethereum
Ethereum (ETH)
$3,898.55 2.11402
Ethereum price
BNB
BNB (BNB)
$730.81 -0.19332
BNB price
Solana
Solana (SOL)
$238.56 3.92205
Solana price
XRP
XRP (XRP)
$2.41 -0.93875
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000314 5.14519
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000218 3.0132
Pepe price
Bonk
Bonk (BONK)
$0.0000434 5.1064
Bonk price
dogwifhat
dogwifhat (WIF)
$3.32 3.55278
dogwifhat price
Popcat
Popcat (POPCAT)
$1.37 0.55154
Popcat price
Bitcoin
Bitcoin (BTC)
$101,166.00 5.42826
Bitcoin price
Ethereum
Ethereum (ETH)
$3,898.55 2.11402
Ethereum price
BNB
BNB (BNB)
$730.81 -0.19332
BNB price
Solana
Solana (SOL)
$238.56 3.92205
Solana price
XRP
XRP (XRP)
$2.41 -0.93875
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000314 5.14519
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000218 3.0132
Pepe price
Bonk
Bonk (BONK)
$0.0000434 5.1064
Bonk price
dogwifhat
dogwifhat (WIF)
$3.32 3.55278
dogwifhat price
Popcat
Popcat (POPCAT)
$1.37 0.55154
Popcat price

Crypto investment products saw outflows, ending an 11-week run of inflows

crypto-investment-products-saw-outflows-ending-an-11-week-run-of-inflows
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Markets
Crypto investment products saw outflows, ending an 11-week run of inflows

Last week, investment products saw minor outflows totaling $16 million.

Last week’s outflows capped 11 weeks of inflows, according to a CoinShares report. At the same time, trading activity remained well above the annual average, totaling $3.6 billion for the week, compared with the year-to-date average of $1.6 billion.

Crypto investment products saw outflows, ending an 11-week run of inflows - 1
Source: CoinShares

Regionally, the main withdrawal of funds came from the United States with $18 million. In Germany, $10 million was withdrawn. Numbers partially offset by an influx to Canada and Switzerland in the amounts of $6.9 million and $9.1 million respectively.

The hardest hit was Bitcoin (BTC) with outflows totaling $33 million last week. In comparison, short Bitcoin also saw minor outflows totaling $0.3 million.

However, altcoins received an influx of $21 million. The main beneficiaries were Solana (SOL), Cardano (ADA), XRP, and Chainlink (LINK) with a total of $10.6 million, $3 million, $2.7 million, and $2 million, respectively.

Ethereum (ETH) and Avalanche (AVA) took a slight hit, earning $4.4 million and $1 million respectively.

While blockchain stocks continued to see positive sentiment witnessing strong inflows of $122 million last week, bringing their growth to $294 million over the past 9 weeks, a new milestone.

Last week, analysts also reported that they recorded the largest inflow of funds in history into blockchain stocks – more than $126 million. The total investment amounted to $43 million.

Many anticipate a decline in prices as investors typically take profits after strong growth leading to a market correction.