So, guess what? Digital asset investment products just had a dramatic exit, totaling a whopping $795 million last week! 🎭 That brings our year-to-date figure down to a sad little $165 million. It’s like watching your favorite show get canceled after one season—just heartbreaking!
Last week marked the third week in a row of these outflows. I mean, at this point, we should just start calling it a trend. The recent flood of outflows has nearly wiped out all the gains for 2025. Talk about a plot twist! 📉
CoinShares’ head of research, James Butterfill (yes, that’s his real name, and no, he doesn’t make butter), thinks this decline is all thanks to some global tariff drama. Apparently, negative vibes have been affecting capital flow into digital assets since February 2025. Who knew tariffs could be so… dramatic? 😱
But wait! There’s a glimmer of hope! CoinShares managed to pull off a little end-of-week rebound, lifting total assets under management (AuM) from their lowest level on April 8. They boosted it by 8% to a cool $130 billion. It’s like they found a dollar in the couch cushions! 💰
Now, let’s talk about the crypto stars of the week. Bitcoin (BTC) took the lead in outflows with a staggering $751 million. But don’t worry, it still managed to hold onto $545 million in year-to-date inflows. It’s like that friend who always borrows money but somehow still has cash for coffee. ☕️
Ethereum (ETH) wasn’t far behind, with outflows of $37.6 million. Other altcoins like Solana (SOL), Aave, and Sui (SUI) also joined the outflow party, but on a smaller scale. They’re like the supporting cast in a rom-com—just trying to keep up! 💔
But not all altcoins are crying into their pillows! XRP led the inflow charge with $3.5 million, while Ondo (ONDO) and Algorand (ALGO) managed to snag $460,000 and $250,000, respectively. It’s like they’re the overachievers in class! 🎓
And guess who’s leading the outflow charge by region? That’s right, the United States, contributing a staggering $763 million out of the total $795 million. Switzerland and Hong Kong are just trailing behind with their own little outflows of $12 million and $11 million. It’s like a race, but everyone’s losing! 🏁
Read More
- OM/USD
- Carmen Baldwin: My Parents? Just Folks in Z and Y
- Solo Leveling Season 3: What You NEED to Know!
- Jellyrolls Exits Disney’s Boardwalk: Another Icon Bites the Dust?
- Despite Strong Criticism, Days Gone PS5 Is Climbing Up the PS Store Pre-Order Charts
- Jelly Roll’s 120-Lb. Weight Loss Leads to Unexpected Body Changes
- Disney’s ‘Snow White’ Bombs at Box Office, Worse Than Expected
- Solo Leveling Season 3: What Fans Are Really Speculating!
- Netflix’s Dungeons & Dragons Series: A Journey into the Forgotten Realms!
- Moo Deng’s Adorable Encounter with White Lotus Stars Will Melt Your Heart!
2025-04-14 16:17