Crypto investment funds saw $2B in weekly outflows—the third straight week of declines. Is the bull run ending? | Credit: Getty Images.
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Key Takeaways
Crypto investment products saw $2 billion in outflows, the worst weekly total in three weeks.
Bitcoin and Ethereum ETPs took the biggest hit, accounting for more than $2 billion in combined exits.
The U.S. drove 97% of the outflows, underscoring weakening institutional sentiment.
For the third straight week, çrypto investment products have been hit with heavy redemptions, this time totaling nearly $2 billion, one of the largest weekly outflows on record.
It marks another bruising chapter in the post-October sell-off, as investors retreat from risk amid rate-cut uncertainty, thinning liquidity, and renewed crypto-whale selling.
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Ethereum products recorded $689 million in outflows.
Crypto investment flows. Source: CoinShares.
Investors also rotated into multi-asset funds and expanded short-Bitcoin exposure, signaling a shift toward hedging rather than accumulation.
The past three weeks of withdrawals now total $3.2 billion, wiping out nearly all inflows from early Q3. Assets under management have plunged from $264 billion in early October to $191 billion, a steep 27% drawdown.
The United States drove the mass exit, accounting for 97% of all outflows—about $1.97 billion.
Switzerland and Hong Kong followed distantly with $39.9 million and $12.3 million, respectively.
Investors Are Pulling Back—Even With Positive Headlines
Whether this downturn deepens or stabilizes will depend heavily on external macro forces:
The Federal Reserve’s rate-cut timing
Institutional inflows or lack thereof
Investor confidence heading into year-end
Unless catalysts emerge, analysts warn that both ETPs and spot crypto markets may continue to face sustained pressure as the market drifts toward its next bear phase.
Prashant Jha is a seasoned crypto journalist based in Delhi, India, with a Bachelor’s Degree in Computer Science Engineering. Passionate about the evolving world of blockchain and cryptocurrencies, he has been a dedicated voice in the industry since 2018. Prashant’s expertise lies in regulatory reporting, where he unravels complex legal and financial developments with clarity and precision. Before joining CCN in 2024, he honed his craft at Cointelegraph, establishing himself as a trusted name in crypto journalism.
His coverage spans major industry events, including the high-profile collapses of FTX, Three Arrows Capital (3AC), and LUNA, offering readers insightful analyses of their regulatory and market implications. Prashant’s technical background enables him to bridge the gap between intricate blockchain technology and its real-world applications, making his work accessible to novices and experts.
Beyond his professional pursuits, Prashant is an avid music enthusiast, often exploring diverse genres to unwind. A sports lover, he has a particular passion for cricket and frequently engages in discussions about the game. His multifaceted interests and sharp journalistic instincts make him a valuable contributor to CCN, where he continues shaping the crypto landscape's narrative.
