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Cryptocurrency concern products reversed an emerging inflow trend, with important outflows past week arsenic Bitcoin and Ether prices declined.
Global crypto exchange-traded products (ETPs) saw $1.43 cardinal of outflows past week, ending a two-week inflow tally that brought successful $4.3 billion, CoinShares reported connected Monday.
The outflows came amid Bitcoin (BTC) dipping from supra $116,000 connected Aug.18 to $112,000 by the extremity of the trading week, portion Ether (ETH) tumbled beneath $4,100 connected Tuesday aft starting the week astatine astir $4,250, according to CoinGecko.
Last week’s losses marked the second-biggest outflows connected grounds for spot Ether exchange-traded funds (ETFs), with astir $430 cardinal withdrawn connected Tuesday alone, according to SoSoValue.
Largest outflows since March
According to CoinShares’ caput of research, James Butterfill, the $1.4 cardinal successful outflows from crypto funds were the biggest losses since March 2025.
Butterfill attributed the sell-off to “increasingly polarized” investor sentiment implicit US monetary policy, with pessimism astir the Federal Reserve’s stance driving $2 cardinal outflows aboriginal successful the week.
Daily flows successful spot Bitcoin ETFs versus spot Ether ETFs. Source: SoSoValue“However, sentiment shifted aboriginal successful the week pursuing Jerome Powell’s code astatine the Jackson Hole Symposium, which was wide interpreted arsenic much dovish than expected, sparking inflows of $594 million,” helium added.
Shift successful code reflected successful Ethereum
Butterfill said the displacement successful code was much powerfully reflected successful Ether, which saw a crisp mid-week recovery, resulting successful $440 cardinal of outflows.
Bitcoin ETPs saw importantly bigger outflows, totaling much than $1 billion.
Crypto ETP flows by plus arsenic of Friday (in millions of US dollars). Source: CoinSharesThe expert emphasized a notable alteration successful capitalist sentiment toward Bitcoin and Ether fixed the month-to-date inflows, wherever Bitcoin has experienced $1 cardinal outflows versus Ether’s $2.5 cardinal of inflows.
Related: Bitcoin ETFs deed 5-day losing streak, but Pomp says BTC is oversold
“Inflows year-to-date for Ethereum correspond 26% of full assets nether absorption compared to conscionable 11% for Bitcoin,” Butterfill added.
In the meantime, altcoin flows were mixed, with XRP (XRP) seeing $25 cardinal successful inflows, Solana (SOL) posting $12 cardinal gains, portion Sui (SUI) and Toncoin (TON) saw outflows of $13 cardinal and $1.5 million, respectively.
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