according<\/a> to industry data. The outflows extended a three-week decline to $3.2 billion, driven by monetary policy uncertainty and selling pressure from large cryptocurrency holders.<\/p>\nBitcoin (BTC) and Ethereum (ETH) products experienced the largest withdrawals, while multi-asset funds attracted modest inflows during the period, the data showed.<\/p>\n
The withdrawals followed sharp price declines across major cryptocurrencies, which pushed total assets under management in digital asset exchange-traded products down 27% from an early-October peak of $264 billion to $191 billion.<\/p>\n
The United States accounted for the majority of outflows, with $1.97 billion exiting U.S.-based products. Switzerland recorded $39.9 million in outflows and Hong Kong saw $12.3 million leave the market. Germany recorded $13.2 million in inflows, representing the only major market to attract capital during the period.<\/p>\n
<\/p>\n
Bitcoin products recorded $1.38 billion in withdrawals last week, bringing three-week outflows to approximately 2% of total Bitcoin ETP assets under management. Ethereum products saw $689 million in outflows, representing 4% of its ETP market. Solana and XRP products recorded smaller withdrawals of $8.3 million and $15.5 million, respectively.<\/p>\n
Multi-asset investment products attracted $69 million in inflows over the three-week period as investors sought diversification strategies. Short-Bitcoin ETPs also recorded increased interest as traders adopted defensive positions during the market correction.<\/p>\n
U.S. spot Bitcoin ETFs recorded their third consecutive week of losses, with $1.1 billion in net outflows representing the fourth-largest weekly withdrawal on record. The outflows coincided with a nearly 10% decline in Bitcoin prices, raising questions about institutional demand for the products.<\/p>\n
According to Matrixport, the downturn reflects weakening market momentum, declining ETF inflows, and reduced exposure from long-term holders in an environment lacking immediate macroeconomic catalysts. The firm characterized the situation as the beginning of a \u201cmini bear market,\u201d stating that Bitcoin\u2019s next major movement will likely depend on upcoming Federal Reserve policy decisions.<\/p>\n
Spot Solana ETFs recorded $12 million in inflows on Friday, extending a streak to 13 consecutive days since launching on Oct. 29. Despite the positive ETF flows, Solana declined 15% over the week, while Ether dropped 11%, reflecting broad weakness across cryptocurrency markets.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Summary Digital asset investment products saw $2 billion in weekly outflows, totaling $3.2 billion over three weeks, with the U.S. leading the losses. Bitcoin and Ethereum products suffered the largest…<\/p>\n","protected":false},"author":1,"featured_media":16084,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=16083"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16083\/revisions"}],"predecessor-version":[{"id":16085,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16083\/revisions\/16085"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/16084"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=16083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=16083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=16083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}