The products traded in the encrypted currency (ETPS) witnessed renewable flows last week, with a withdrawal of $ 240 million of investors, according to a report issued by Coinshares Digital Asset Manager.
Foreign flows reflected two consecutive weeks of flows, which reached a total of $ 870 million, leaving the total digital assets ETP Holdings at about $ 133 billion, Coinshares I mentioned.
Research chief James Bouteville, head of research, said that the new external flows probably reflect caution in response to the global trade definitions imposed by the United States and anxiety about its potential threat to global economic growth.
Crypto ETP weekly flows since late 2024. Source: Coinshares
Bitcoin etps negatively flipping
Bitcoin (BTC) ETPS led the shrinkage, with $ 207 million in weekly external flows. As a result, monthly flows have turned into negative for the first time this year, with $ 138 million in net external flows in the past thirty days.
Although the monthly external flows turn red, the Etps bitcoin still maintains a large amount of flows from year to date, with a total of $ 1.3 billion, according to Coinshares data.
It is flowing by the assets (millions of US dollars). Source: Coinshares
ETHER (ETH) -TPS also witnessed $ 38 million in weekly external flows, but it continued to get $ 279 million in YTD flows.
Multal Asset ETPS and short Bitcoin 144 million and 26 billion dollars of YTD flows, respectively, have seen the simple flows last week.
Gray leads to output flows
Cryptocurrency ETPS by GRAYSCAE Investment Company led the losses between exporters last week, with $ 95 million from its products.
GrayScale external flows flow over a date to $ 1.4 billion, which is the highest among all ETP service providers who have been tracked, according to Coinshares data.
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It is flowing by the source (millions of US dollars). Source: Coinshares
Meanwhile, ISHARES ETFS by Blackrock continues to keep $ 3.2 billion in YTD flows after seeing $ 56 million in external flows last week.
Crypto Etps by Prosthares and Ark Invest are the two main sources that are still on YTD flows, reaching $ 398 million and $ 146 million, respectively.
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