Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Bitcoin Leads Weekly Crypto Outflows Amid Tariff Tensions—Here’s What the Data Shows

Share This Post

Crypto asset investment products experienced net outflows of $240 million over the past week, according to the latest report from CoinShares.

The trend reflects ongoing investor caution amid global economic headwinds, particularly surrounding recent US trade tariff announcements, which have raised concerns about future economic growth.

Bitcoin and Ethereum Lead Weekly Outflows

According to the CoinShares report, Bitcoin saw the most significant capital movement, with $207 million in outflows. This figure brings Bitcoin’s year-to-date net inflows to $1.3 billion, indicating that while short-term sentiment may be cautious, longer-term positioning remains intact.

Ethereum followed with $37.7 million in outflows, continuing a trend of declining interest in major altcoins. Other digital assets also recorded outflows, including Solana and Sui, which lost $1.8 million and $4.7 million respectively.

Crypto fund flows

However, some less prominent tokens bucked the trend. Toncoin (TON), for example, attracted $1.1 million in new capital, suggesting selective optimism among investors despite broader negative flows.

Meanwhile, regardless of these positive inflows from some tokens and smaller negative flows from the larger cryptocurrencies last week, the aftermath on price performance has been quite similar the following week.

Particularly, at the early hours of Monday, Bitcoin, Ethereum and all other major cryptocurrencies saw a notable bloodbath in price performance.

While BTC dropped by nearly 10% seeing a slide below $75,000, ETH and other crypto plunged by nearly 20% with ETH specifically dropping below $1,500 for the first time since October 2023.

The sell offs from BTC and ETH and other major crypto assets in the market led to a 9..6% plunge in the global crypto market capitalization.

The global crypto market cap valuation. | Source: TradingView.com

Mixed Regional and Sectoral Activity

Furthermore, the report highlighted that US and German investors accounted for the bulk of capital withdrawal, with $210 million and $17.7 million in outflows respectively. In contrast, Canadian investors appeared more optimistic, contributing $4.8 million in inflows during the same period.

Crypto fund flows by region.

Blockchain-focused equities also saw renewed interest, recording $8 million in inflows for the second consecutive week. CoinShares noted that some investors may be viewing recent price declines in these assets as potential entry points, aligning with a broader strategy of diversification within the digital asset space.

Meanwhile, despite the negative flows, CoinShares Head of Research James Butterfill noted that total assets under management (AUM) remained relatively stable.

As of this week, AUM stood at $132.6 billion, representing a slight increase of 0.8% week-on-week. Butterfill contrasted this resilience with traditional financial markets, highlighting that MSCI World equities declined 8.5% over the same period. Butterfill wrote:

This resilience is especially notable compared to other asset classes, such as MSCI World equities, which saw an 8.5% decline over the same period, underscoring the robustness of digital assets amid economic uncertainty.

Featured image created with DALL-E, Chart from TradingView

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Dogecoin Price Continuation Shows Rebound, But Resistance Is Mounting At $0.205

The Dogecoin price appears to be on a continued rebound, with bulls regaining some control over the market after weeks of sideways trading and downward pressure However, the momentum is being tested

Dogecoin Price Analysis and Forecast: Here are Key Targets to Consider in May

The post Dogecoin Price Analysis and Forecast: Here are Key Targets to Consider in May appeared first on Coinpedia Fintech News Dogecoin price has recorded a high correlation with Bitcoin, which is

Oxbow Lifts Deposit Limits on Privacy Pools, Opens Doors to Institutional Users

Oxbow, a decentralized finance (DeFi) platform balancing privacy and compliance, has removed deposit limits on its Privacy Pools tool, enabling unrestricted Ethereum transactions while screening

Crypto Analyst Says Dogecoin Price Breakout Is Programmed, Here’s Why

Dogecoin has spent the past few weeks oscillating in a tight range, with prices hesitating around the $017 level and facing consistent pressure near the $0185 resistance zone Despite several attempts

Cathie Wood predicts AI and Bitcoin to drive new phase of US economic growth

Ark Invest CEO Cathie Wood said the US economy is transitioning out of a prolonged “rolling recession” and entering a new era of productivity-led growth, powered by advances in AI,

Sovereigns Are Buying Billions Of Bitcoin, Says Anthony Scaramucci

Bitcoin blasted back through the psychologically charged $100,000 threshold for only the second time in its 16-year history, reclaiming a level last seen in February As the world’s first stateless