Fears over possible US Federal Reserve action prompted the largest digital investment product weekly outflows of $1.43bn last week, the largest weekly total since March, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
The outflows came as ETP trading volumes surged to $38bn.
Bitcoin recorded $1bn in outflows, while ether showed resilience with only $440m out, driving month-to-date inflows of $2.5bn versus bitcoin’s $1bn net outflows.
Altcoin flows meanwhile, were mixed with XRP (+$25m), Solana (+$12m), and Cronos (+$4.4m) all gained, while Sui (-$12.9m) and Ton (-$1.5m) suffered losses.
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