Bitcoin stumbles, but altcoins shine—Is this a shift or just a shake-up?
🚨 Crypto ETPs See Major Outflows Amid Market Volatility! 🚨
Last week, cryptocurrency exchange-traded products (ETPs) witnessed a significant $508M in outflows, continuing a two-week selling streak. Bitcoin (BTC) ETPs were hit the hardest, with $571M in withdrawals, reflecting growing investor caution due to economic uncertainties.
However, some assets bucked the trend! 📈
✅ XRP ETPs led inflows with $38M, driven by optimism over the SEC case and potential ETF approval.
✅ Altcoins like Solana (SOL), Ethereum (ETH), and Sui (SUI) also attracted fresh capital, signaling selective investor confidence.
While the U.S. led the outflows, Europe remained resilient, with steady inflows in Germany and Switzerland. 🌍
Are we witnessing a temporary dip or a major shift in investor sentiment? Drop your thoughts below! 👇💬