Crypto ETPs Record $173 Million Outflows Last Week, $3.74 Billion Over Four Weeks

Global crypto investment products saw $173 million in net outflows last week, bringing four-week outflows to $3.74 billion, CoinShares data show. The week opened with $575 million of inflows before $853 million of outflows, while Friday recorded $105 million of inflows following lower-than-expected CPI data. U.S.-based funds had $403 million in weekly outflows as other regions combined took in $230 million, led by Germany with $115 million, Canada with $46.3 million and Switzerland with $36.8 million. Bitcoin products saw $133 million in outflows while XRP drew $33.4 million, Solana $31 million and Chainlink $1.1 million in inflows.