🚨 Crypto funds shed $4B as outflows hit five-week streak
📉 Crypto investment funds just recorded their fifth straight week of outflows, with about $288M leaving last week and roughly $4B withdrawn over the entire streak. 📊 This signals cooling sentiment after recent market turbulence and lower trading activity across crypto ETPs.
🇺🇸 The majority of redemptions came from the U.S., while Europe and Canada actually saw small inflows, showing a clear regional divergence in investor behavior. 🧠 Some investors are treating the dip as a buying opportunity rather than a full exit from the market.
₿ Bitcoin led the outflows with the largest withdrawals, while Ethereum also saw notable capital exits. 📈 Meanwhile, small inflows into short-Bitcoin products suggest some traders are hedging for further downside.
🏦 Despite the $4B outflow streak, total assets under management remain high, showing institutional exposure is still firmly in place. 🚀 Bottom line: this looks more like a sentiment cooldown and capital rotation not a full institutional exit from crypto.