Crypto Funds Shed $4B as Outflows Hit Five-Week Streak
Crypto investment funds have extended their net outflows to a five-week streak, totaling nearly $4 billion, with $288 million withdrawn in the latest week alone. U.S. spot Bitcoin ETFs, including major ones like BlackRock’s IBIT and Fidelity’s FBTC, led the outflows, marking their longest withdrawal period since early 2025. Spot Ether ETFs also saw five consecutive weeks of outflows, though Solana and XRP products attracted minor inflows, indicating selective investor interest. Analysts attribute the trend to macroeconomic uncertainty, geopolitical risks, and a broader shift away from volatile assets. Despite the outflows, total net inflows since the launch of U.S. Bitcoin ETFs remain above $50 billion, suggesting long-term allocation hasn't fully reversed.
TheNewsCrypto02/23 14:36