According to Coinotag, crypto ETP outflows reached $1.17 billion last week, marking the second consecutive week of significant withdrawals amid market uncertainty. Bitcoin ETPs led with $932 million in outflows, while Ether funds shifted from inflows to $438 million in outflows. Solana ETPs bucked the trend with $118 million in inflows, totaling $2.1 billion over nine weeks, according to CoinShares data.
Bitcoin Leads $1.17 Billion Crypto ETP Outflows Amid Market Pressures
CoinotagShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.