Bitcoin, Ethereum lead outflows as crypto investments see red week

2022-5-25 19:00

Digital asset investment products saw outflows totaling $141 million in the week of May 16 due to the bearish stance of investors towards the market, according to CoinShares’ weekly report.

Bitcoin led the pack as investments in the asset saw outflows of $154 million during the period. However, its month-to-date and year-to-date metric remain positive.

Meanwhile, the outflows continued in Ethereum as it recorded roughly $0.3 million in outflows bringing its year-to-date outflows to $239 billion. 

Cumulatively, this brings the total value of assets under management to $38 billion, the lowest since July 2021. 

$154M outflow from digital U.S. investment products

Digital investment products in Europe had an inflow of $12.4 million, while those in the U.S. saw an outflow of $154 million. The bearish sentiment is in contrast to the prior week when U.S. investors were bullish and took advantage of the crypto market crash.

Purpose Bitcoin ETF saw the most outflow for crypto investment vehicles this week at $150 million. However, its total flow YTD is still a positive $244 million. 

CoinShares XBT continued its massive run of outflows with another $5.2 million leaving its coffers, bringing its YTD flows to a negative of $337 million.

Blockchain equity investment products had a bad week with $20 million in outflows, which is not surprising given the sell-off experienced by the equities market during the week of May 16.

Cardano, Polkadot see inflows

Altcoins like Cardano and Polkadot also experienced a minor inflow totaling $1 million each.

Multi crypto-asset investment products continued their sterling performance for this year. These products have had only two weeks of outflows and ended the week with $9.7 million in inflows.

According to the report, investors might be taking advantage of the “relative” safety these investments bring, especially in volatile periods.

The crypto market is still smarting from the crash of the Terra ecosystem as the industry’s market cap has dropped from as high as $2 trillion to less than $1.3 trillion as of press time.

The post Bitcoin, Ethereum lead outflows as crypto investments see red week appeared first on CryptoSlate.

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week outflows bitcoin ethereum red crypto lead

Источник: cryptoslate.com

week outflows → Результатов: 57


Regulatory concerns taking a toll: Bitcoin, Ethereum investment funds record $120 million in outflows 

After seven consecutive weeks of inflows, crypto investment products recorded significant outflows last week, according to the latest report by institutional crypto fund manager CoinShares. The post Regulatory concerns taking a toll: Bitcoin, Ethereum investment funds record $120 million in outflows  appeared first on CryptoSlate.

2022-3-16 22:00


13 Consecutive Week of Inflows Send Bitcoin AUM to A Record $56B and Ether’s Past $21B For The First Time

Solana, Polkadot, and XRP are also attracting inflows totaling $9.8 million, $5.2 million, and $3.1 million, respectively, with Tron the only one to record outflows. The post 13 Consecutive Week of Inflows Send Bitcoin AUM to A Record B and Ether’s Past B For The First Time first appeared on BitcoinExchangeGuide.

2021-11-16 16:40


Investors Seeking Diversification in Crypto with Multi-Asset Products Recording Largest Inflows: CoinShares Report

While Bitcoin investment products had minor outflows last week, Ether had minor inflows with Cardano, XRP, and BNB attracting capital. The post Investors Seeking Diversification in Crypto with Multi-Asset Products Recording Largest Inflows: CoinShares Report first appeared on BitcoinExchangeGuide.

2021-7-12 20:33


Inflows Recorded Across Digital Assets for the First Time in 9 Weeks: CoinShares Report

After five weeks of consecutive outflows, digital asset investment products finally saw inflows last week totaling $63 million in the week ending July 2nd, according to CoinShares’ data. It was also the first time in nine weeks that inflows were seen across all individual digital assets, “implying a turnaround in sentiment amongst investors.

2021-7-5 20:24


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