Crypto Funds See $288 Million in Outflows Amid US-Europe Divide
Digital asset funds experienced $288 million in net outflows last week, driven primarily by US investor withdrawals, contrasting with inflows in Europe and Canada.Summary
Digital asset investment products recorded $288 million in net outflows for the week ending February 21, marking the fifth consecutive week of negative flows, totaling $4 billion cumulatively over five weeks. Trading volumes also dropped significantly to $17 billion. A major divergence was observed regionally: US-based funds saw $347 million in outflows, while Europe and Canada collectively recorded $59 million in inflows, suggesting international investors are selectively accumulating during the price weakness. Bitcoin bore the brunt of the selling with $215 million withdrawn, and Ethereum saw $36.5 million in outflows. Conversely, short Bitcoin products saw inflows, and certain altcoins like XRP, Solana, and Chainlink attracted modest capital, indicating selective rotation by some investors despite overall caution.
(Source：BeInCrypto)