Fidelity’s FBTC led the withdrawals, losing $91.39 million. Despite this, the fund still holds a total net inflow of $11.61 billion. The broad outflows suggest that investors are turning cautious again. Many were watching to see if Bitcoin could break past $105,000. Some believe the lack of momentum, despite progress in global trade talks, made … Read more
Market watchers believe this pullback reflects concerns over potential market swings linked to the Federal Open Market Committee (FOMC) decision. Uncertainty over interest rates and economic signals has prompted many investors to reduce exposure to riskier assets like Bitcoin. Despite the ETF outflows, blockchain data points to rising interest elsewhere. Coinglass reports net spot inflows … Read more
Spot ETH ETFs See Continuous Outflows According to SosoValue data, spot ETH ETFs have recorded 11 straight days of withdrawals, totaling over $370 million. Investors remain bearish, with a mere day of inflows during March. The total net asset value of all U.S. spot ETH ETFs currently stands at $7.01 billion, a decrease of 44% … Read more
Pepe coin price held steady on Monday as centralized exchange outflows rose after forming several bullish patterns. Pepe (PEPE) rose to $0.000070, up by about 35% from its lowest level this year, giving it a market cap of $2.9 billion. Data from Nansen shows that many investors are moving their tokens from exchanges to self-custody. … Read more
Crypto asset management giant CoinShares says institutional investors pulled billions of dollars out of crypto last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says crypto products are enduring their worst run of investor outflows in a decade. “Digital asset investment products saw a 5th consecutive week of outflows, totaling US$1.7bn, bringing … Read more