A Significant Outflow in Global Crypto Funds

Global crypto funds experienced a significant outflow of $508 million last week, marking the second consecutive week of net withdrawals, according to CoinShares.

The current outflows from crypto funds, totaling $508 million, are part of a trend where crypto funds have seen significant withdrawals over the past couple of weeks.

This marks the second consecutive week of substantial outflows, with a total of approximately $924 million over two weeks.

In comparison, the previous week also saw significant outflows, signaling a consistent trend of investor caution and risk aversion in the crypto market.

This is similar to broader financial markets, where equity funds have also experienced outflows, though the reasons and magnitudes differ.

The uncertainty surrounding U.S. trade tariffs, inflation, and monetary policy following the presidential inauguration has led to investor caution.

The regions experiencing the most significant outflows in crypto funds are primarily in the United States.

Additionally, Hong Kong also experienced notable outflows.

However, its not all about outflows, some European markets, such as Germany and Switzerland, saw inflows.

XRP also attracted inflows, driven by hopes that the SEC might drop its lawsuit.

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