🚨🚨 #CryptoETPs 🚨🚨
📢 Q: What are the recent trends in Crypto ETPs amid market uncertainty?
📉💸 Massive Outflows: Crypto exchange-traded products (ETPs) saw $508 million in outflows last week, following $415 million the previous week.
🏛️📊 Market Uncertainty: Outflows were driven by investor caution after the U.S. presidential inauguration and concerns over trade tariffs, inflation, and monetary policy.
🚨 Bitcoin Hit the Hardest: Bitcoin (BTC) ETPs recorded $571 million in outflows, suffering the most losses.
🪙📈 Altcoins See Inflows: While Bitcoin saw heavy selling, some altcoin ETPs recorded inflows:
⚡ XRP (XRP): $38 million in inflows 💰
🔥 Solana (SOL): $8.9 million inflows 📊
🌐 Ethereum (ETH): $3.7 million inflows 📈
🚀 Sui (SUI): $1.5 million inflows 💎
🏦 Institutional & Regional Trends
🔻 Grayscale & Fidelity Lead Outflows:
Grayscale Investments: $170 million outflows ❌
Fidelity Digital Assets: $166 million outflows 📉
📉 BlackRock iShares ETFs: Faced rare losses of $22 million.
✅ ProShares ETFs: One of the few U.S. crypto ETPs that saw gains, recording $38 million inflows.
🇺🇸💔 U.S. Sees Major Outflows: A staggering $560 million in crypto ETP outflows came from the U.S.
🇪🇺📈 Europe Holds Strong:
🇩🇪 Germany: $30.5 million inflows 💶
🇨🇭 Switzerland: $15.8 million inflows 🏦