Market Cap: $2.5779T -4.610%
Volume(24h): $141.1716B 94.240%
  • Market Cap: $2.5779T -4.610%
  • Volume(24h): $141.1716B 94.240%
  • Fear & Greed Index:
  • Market Cap: $2.5779T -4.610%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$82699.735037 USD

-3.52%

ethereum
ethereum

$2106.670497 USD

-2.84%

tether
tether

$1.000218 USD

0.04%

xrp
xrp

$2.195374 USD

-5.01%

bnb
bnb

$565.379421 USD

-3.18%

solana
solana

$128.785027 USD

-6.93%

usd-coin
usd-coin

$1.000085 USD

0.01%

cardano
cardano

$0.753569 USD

-6.46%

dogecoin
dogecoin

$0.175772 USD

-6.84%

tron
tron

$0.234964 USD

-2.51%

pi
pi

$1.421514 USD

-7.62%

unus-sed-leo
unus-sed-leo

$9.738269 USD

-0.17%

chainlink
chainlink

$14.221243 USD

-5.15%

hedera
hedera

$0.212864 USD

-3.34%

stellar
stellar

$0.267770 USD

-3.45%

Cryptocurrency News Articles

Digital asset investment products continued their losing streak for the fourth consecutive week

Mar 10, 2025 at 11:30 pm

Digital asset investment products continued their losing streak for the fourth consecutive week, with outflows reaching $876 million

Capital continued to flee digital asset investment products for the fourth consecutive week, with outflows reaching $876 million, the latest figures from digital assets management firm CoinShares showed on Monday.

Investors pulled back amid a bearish market situation, though the rate of capital flight has slowed, said James Butterfill, head of research at CoinShares.

He said the outflow brought the total outflows for the past month to $4.75 billion, while year-to-date inflows slipped to $2.6 billion.

At the same time, total assets under management (AUM) also fell by $39 billion, settling at $142 billion—the lowest level since mid-November 2024.

Outflows from the US amounted to $922 million

The US accounted for the largest share of outflows, with investors withdrawing around $922 million.

This came despite President Donald Trump’s announcement of a Strategic Bitcoin Reserve and Digital Asset Stockpile, making the top crypto a major financial asset for the global financial system.

Meanwhile, institutional investment vehicles were among the hardest hit. Fidelity’s FBTC, BlackRock’s IBIT, and Ark21Shares all saw outflows exceeding $133 million each.

On the other hand, investors in Switzerland, Canada, and Germany contributed inflows of 23 million Swiss francs ($23 million), 67 million Canadian dollars ($47 million), and 13.3 million euros ($13.3 million), respectively.

CoinShares said investors appeared to be taking advantage of the recent downturn to diversify their portfolios.

Altcoins face mixed reactions as Bitcoin suffers heaviest losses

Across digital assets, Bitcoin saw the heaviest outflows, with $756 million exiting the top crypto.

The downturn coincided with a sharp price drop, as BTC fell nearly 15% last week, sliding from around $94,318 to as low as $80,085, according to CryptoSlate data. This decline triggered a wave of liquidations across the crypto market, further dampening sentiment.

At the same time, short-Bitcoin products saw outflows of $19.8 million—their largest since December 2024.

Among other digital assets, Ethereum, Tron, and Aave suffered outflows of $89 million, $32 million, and $2.4 million, respectively.

On the other hand, Solana, XRP, and Sui attracted inflows of $16.4 million, $5.6 million, and $2.7 million.

Moreover, blockchain-related equity exchange-traded products (ETPs) also saw outflows of $48 million last week as the broader market downturn continued.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 11, 2025