There has been a sharp reversal in digital asset investment trends as outflows reached $415 million after 19 consecutive weeks of inflows post-US election. During this period, inflows totaled $29.4 billion, significantly outpacing the $16 billion amassed in the first 19 weeks of US spot ETF trading since January 2024.<\/p>\n
CoinShares Head of Research James Butterfill attributed this shift to concerns arising from Federal Reserve Chair Jerome Powell\u2019s recent remarks on tighter monetary policy and inflation data that exceeded expectations.<\/p>\n
According to the latest edition of Digital Asset Fund Flows Weekly Report<\/a>,\u00a0Bitcoin, which is particularly sensitive<\/a> to interest rate expectations, faced<\/a> the heaviest losses last week, with outflows reaching $430 million. Notably, short-Bitcoin products did not attract inflows and instead recorded $9.6 million in outflows.<\/p>\n A similar trend was observed in Ethereum as well, which experienced $7.2 million in outflows. Multi-asset products also struggled, losing $0.6 million during the same period.<\/p>\n On the other hand, Solana led inflows with $8.9 million, followed by XRP and Sui, which drew in $8.5 million and $6 million, respectively. Next up were Cardano and Litecoin which saw smaller inflows of $1.9 million and $1.2 million each. Meanwhile, blockchain equities also maintained momentum with $20.8 million in inflows which pushed year-to-date totals to $220 million.<\/p>\n With $464 million in outflows, the United States accounted for the majority of losses, while other countries remained stable. Hong Kong and Brazil saw outflows of $4 million and $2.1 million respectively over the past week. On the positive side, Germany led with $21 million in inflows, followed by Switzerland at $12.5 million and Canada at $10.2 million. Australia and Sweden saw more modest inflows of $2.3 million and $0.9 million, respectively.<\/p>\n The post Bitcoin Sees $430M in Outflows as Market Responds to Fed\u2019s Hawkish Stance<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" There has been a sharp reversal in digital asset investment trends as outflows reached $415 million after 19 consecutive weeks of inflows post-US election. During this period, inflows totaled $29.4 billion, significantly outpacing the $16 billion amassed in the first 19 weeks of US spot ETF trading since January 2024. CoinShares Head of Research James […]<\/p>\n","protected":false},"author":0,"featured_media":45289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-45288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/45288"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45288"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/45288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/45289"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}