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Crypto Outflows Continue as US Investors Pull Back: $876M in One Week

  • CoinShares' latest report reveals that digital asset investment products experienced $876 million in outflows, marking the fourth consecutive week of outflows.
  • US investors showed the strongest bearish tendencies, with $922 million pulled out during the week.
  • Bitcoin dominated the outflows, shedding $756 million, while Ethereum, Tron, and Aave also experienced significant outflows.
  • The overall crypto market performance has shown a downward trend, with the global cryptocurrency market capitalization decreasing by roughly $450 billion over the past week.

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