Crypyocurrency : Crypto investment products experienced their third consecutive week of outflows, with $795 million exiting the market last week.
Bitcoin saw the most outflows of $751 million, representing about 94% of all outflows, even though BTC has seen YTD inflows of $545 million.
The persistent negative sentiment since early February has resulted in cumulative outflows reaching $7.2 billion. This has nearly eliminated all inflows recorded since the beginning of 2025. Current YTD inflows now stand at just $165 million.
The money leaving the market was shared by almost all big cryptocurrency fund providers. The statistics indicated that ProShares ETFs alone received more funds for the week, which was $3.70 million.