🔥 The crypto fund market has trembled! Outflow of $415M after 19 weeks of inflow 🔥
After an impressive 19-week streak of capital inflows, investment products based on digital assets recorded a sharp outflow of funds — $415 million! 😱
💥 Bitcoin suffered the biggest losses — down $430 million, as the strong statements from Fed Chair Jerome Powell and elevated inflation figures in the US cooled investor interest.
📉 The US became the epicenter of the outflow — $464 million left American funds. However, Europe, on the contrary, saw fresh inflows: Germany (+$21M), Switzerland (+$12.5M), Canada (+$10.2M).
💎 Solana, XRP, and Sui — the stars of the week! They attracted $8.9M, $8.5M, and $6M respectively, showing that altcoins are still in the game.
📈 Funds investing in blockchain company stocks continue to grow — +$20.8M for the week, and their total inflow since the beginning of the year has already reached $220M!
What’s next? A return of the bulls or the start of a correction? Share your thoughts! 👇
