Bitcoin and Ethereum faced $443M and $59.5M outflows, showing investor caution despite brief price rallies.
XRP and Solana led inflows with $70.2M and $7.5M, reflecting growing confidence post-US ETF launches.
Germany saw $35.7M inflows, signaling opportunistic buying, while the US recorded $460M in withdrawals.
Digital asset investment products faced $446 million in outflows last week, according to the CoinShares report. The United States recorded the largest withdrawals at $460 million, while Switzerland saw minor outflows of $14.2 million.
As per the report, Germany has seen $35.7 million flowing in, resulting in total inflows to the extent of $248 million. Investors in Germany seem to take advantage of the price weakness that has occurred to “accumulate positions opportunistically.” The total inflows are part of the wider “uncertainty that pervades the crypto market” while prices have “briefly reclaimed key levels” for Bitcoin and Ethereum.
Apart from the regional flows, XRP and Solana were the top two coins that flowed in last week with $70.2 million and $7.5 million respectively. Since the ETF debut in mid-October in the US, XRP and Solana have recorded $1.07 billion and $1.34 billion in flows respectively.
On the other hand, Bitcoin and Ethereum registered negative flows of $443 million and $59.5 million last week. Cumulative negative flows since the ETF launch are $2.8 billion and $1.6 billion respectively. These indicators point to investor apprehensions about BTC and ETH as the investors close the year on a bullish rally.
Altcoins Gain Investor Attention
However, altcoins show more resilience in investor appetite. XRP maintained zero outflow days last week, and Solana received notable inflows at intervals. This reflects growing confidence in altcoin products following US ETF launches.
Spot prices for these tokens remain bearish, yet investors are willing to take calculated risks. The US continues to dominate flows due to its large ETF products, while Germany’s inflows indicate opportunistic buying during dips. Consequently, altcoins emerge as preferred alternatives for investors seeking growth.
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Crypto Funds See $446M Outflows Amid Year-End Caution
Digital asset investment products faced $446 million in outflows last week, according to the CoinShares report. The United States recorded the largest withdrawals at $460 million, while Switzerland saw minor outflows of $14.2 million.
As per the report, Germany has seen $35.7 million flowing in, resulting in total inflows to the extent of $248 million. Investors in Germany seem to take advantage of the price weakness that has occurred to “accumulate positions opportunistically.” The total inflows are part of the wider “uncertainty that pervades the crypto market” while prices have “briefly reclaimed key levels” for Bitcoin and Ethereum.
Apart from the regional flows, XRP and Solana were the top two coins that flowed in last week with $70.2 million and $7.5 million respectively. Since the ETF debut in mid-October in the US, XRP and Solana have recorded $1.07 billion and $1.34 billion in flows respectively.
On the other hand, Bitcoin and Ethereum registered negative flows of $443 million and $59.5 million last week. Cumulative negative flows since the ETF launch are $2.8 billion and $1.6 billion respectively. These indicators point to investor apprehensions about BTC and ETH as the investors close the year on a bullish rally.
Altcoins Gain Investor Attention
However, altcoins show more resilience in investor appetite. XRP maintained zero outflow days last week, and Solana received notable inflows at intervals. This reflects growing confidence in altcoin products following US ETF launches.
Spot prices for these tokens remain bearish, yet investors are willing to take calculated risks. The US continues to dominate flows due to its large ETF products, while Germany’s inflows indicate opportunistic buying during dips. Consequently, altcoins emerge as preferred alternatives for investors seeking growth.