Latest CoinShares Report: Crypto Investment Funds See First Outflows in Over a Month – What's Going On?
Crypto-backed investment funds saw outflows for the first time in 6 weeks last week as investors chose to take some chips off the table after seeing bitcoin (BTC) prices north of the $30,000 mark. In total, $30.4 million...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
In total, $30.4 million were withdrawn on a net basis for the week from the crypto-backed investment funds that are tracked by CoinShares, according to the firm’s latest fund flows report....
Read More: Latest CoinShares Report: Crypto Investment Funds See First Outflows in Over a Month – What's Going On?
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
XRP Price Drops, But ETF Defies Crypto Bloodbath as Bitcoin and Ethereum Funds Bleed
US spot XRP ETFs recorded about $740,000 in net inflows even as the coin lost 6% of its price over 24 hours. Bitcoin, Ethereum, So...
OpenAI reports model spent unauthorized funds to deploy contracts on Ethereum’s Sepolia
OpenAI's incident highlights the need for robust oversight in AI systems to prevent unauthorized actions, ensuring ethical and sec...
Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week.
US Hoovers up Bitcoin While the World Runs on Its Digital Dollars: Report
Bitcoin Magazine US Hoovers up Bitcoin While the World Runs on Its Digital Dollars: Report America is accumulating bitcoin while e...
Russia Crypto: Diesel Deal Falters as Zelensky Resumes Refinery Strikes, What Now for Oil Bitcoin?
In Russia crypto news, Donald Trump’s announced plan to release 300,000 tonnes of Russian diesel to the US and global markets face...
Why Is XRP Down Today? Bears Target $1.30 Support as Selling Pressure Builds
The downturn has weakened XRP’s short-term technical structure, leaving traders focused on whether buyers can defend nearby suppor...