Cryptocurrency ETP experiences outflows for the fourth consecutive week, totaling $876 million!

According to CoinShares, after a record weekly outflow of $2.9 billion last week, cryptocurrency ETPs continue to trend downward, with total outflows reaching $4.75 billion as of March 10.

CoinShares research director James Butterfill stated that while the pace of outflows has slowed, investor sentiment remains bearish.

The analyst also mentioned that the market has shown signs of capitulation.

Bitcoin ETPs are the main drivers of outflows, with an outflow amount of $756 million, accounting for 85% of last week's total. Short Bitcoin ETPs also saw outflows reaching $19.8 million, the highest level since December 2024.

Total outflows over the past four weeks reached $4.75 billion, while year-to-date inflows have decreased to $2.6 billion. #加密市场回调 #加密市场观察 $BTC $ETH