Crypto ETPs See $446M Outflows as Year-End Sentiment Weakens

Crypto exchange-traded products (ETPs) recorded $446 million in net outflows last week, extending a cautious trend that began after the October market correction, bringing total outflows since October 10 to $3.2 billion, according to CoinShares. Despite this, year-to-date inflows remain high at $463 billion, although total assets under management (AuM) have only risen 10% YTD, suggesting average investors have not seen significant positive outcomes. Investor behavior shows a clear rotation: Bitcoin and Ether products saw significant outflows ($443 million and $59.5 million weekly, respectively), while newer XRP and Solana ETPs attracted substantial new capital ($70.2 million and $7.5 million weekly). US outflows dominated globally, accounting for $460 million in weekly redemptions, reflecting defensive positioning, whereas Germany showed strong buying with $35.7 million in inflows, viewing price weakness as a buying opportunity.

(Source：Cointelegraph)