Crypto ETPs Post $454M Outflows As Bitcoin Leads Losses
Summary
Crypto exchange-traded products (ETPs) recorded $454 million in outflows last week, reversing earlier 2026 inflows, according to CoinShares. This shift is attributed to investor concerns over fading prospects for a March Federal Reserve interest rate cut following recent macroeconomic data. Bitcoin was the main driver of losses, posting $405 million in outflows, while Ether funds saw $116 million withdrawn. Conversely, altcoin funds for assets like XRP, Solana, and Sui saw positive inflows totaling around $87 million. Geographically, the United States accounted for all major losses with $569 million in outflows, while countries like Germany, Canada, and Switzerland saw net inflows. Despite the weekly dip, month-to-date flows remained positive at $229 million.
(Source:Cointelegraph)