As reported by Coinrise, crypto investment funds recorded $446 million in outflows last week, with investors pulling money from Bitcoin and Ethereum products. Newer ETFs linked to XRP and Solana, however, saw inflows of $70.2 million and $7.5 million, respectively. Total outflows since mid-October have reached $3.2 billion, despite annual inflows hitting $46.3 billion. The U.S. saw the largest withdrawals at $460 million, while Germany recorded $35.7 million in inflows. Bitcoin’s price has stalled near $87,349, with futures open interest dropping by $3 billion as traders reduce risk ahead of year-end.
Crypto Funds Record $446M Outflows as Investor Caution Grows
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Crypto funds saw $446M in outflows last week, with ETF outflows accelerating as investors pull from Bitcoin and Ethereum products. XRP and Solana ETFs, however, recorded inflows of $70.2M and $7.5M. Total outflows since mid-October now top $3.2B, despite annual inflows hitting $46.3B. The U.S. led withdrawals at $460M, while Germany added $35.7M. Bitcoin’s price remains near $87,349, with futures open interest down $3B as traders cut risk ahead of year-end.
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