The cryptocurrency investment market has witnessed one of the most significant institutional outflows in history, with total withdrawals reaching $3.8 billion over the last three weeks. The latest data reveals that leading assets like Bitcoin and Ethereum have faced heavy losses, while a few alternative assets managed to attract fresh capital.
Record Outflows in Bitcoin and Ethereum
According to a recent report by CoinShares, digital asset investment products saw $2.9 billion in weekly outflows, marking the third consecutive week of declines. This downturn has led to a cumulative $3.8 billion exit in just three weeks, signaling a shift in investor sentiment.
The most affected cryptocurrency was Bitcoin, experiencing a staggering $2.59 billion in outflows in just one week. In contrast, short-Bitcoin investment products received a minor $2.3 million inflow, indicating a cautious but bearish sentiment among traders. Ethereum also faced significant losses, with $300 million in outflows, setting a new weekly record.
Broader Market Trends and Regional Outflows
Other major altcoins also suffered during this period. Solana registered $7.4 million in outflows, while Toncoin saw a more substantial $22.6 million withdrawal. Even blockchain-related companies were not spared, collectively experiencing $25.3 million in capital exits.
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Regionally, the largest outflows originated from the United States ($2.87 billion), followed by Switzerland ($73 million) and Canada ($16.9 million). However, investors in Germany viewed the price dips as a buying opportunity, leading to $55.3 million in new capital inflows.
SUI Leads the Gainers
Despite the bearish trend, a few assets managed to attract institutional interest. SUI emerged as the top-performing asset, drawing $15.5 million in inflows. XRP also recorded a positive week with $5 million in new investments.
Analysts attribute the ongoing outflows to multiple factors, including the recent Bybit hack, the Federal Reserve’s hawkish monetary policy stance, and profit-taking after a prolonged $29 billion inflow streak spanning 19 weeks. These developments have created uncertainty among investors, leading to widespread withdrawals.
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