coin-img-XAUTXAUT+1.15%coin-img-HYPEHYPE-5.83%coin-img-PAXGPAXG+0.94%coin-img-WLFIWLFI+7.51%coin-img-ASTERASTER-2.87%coin-img-ONDOONDO-1.37%coin-img-ZAMAZAMA-0.07%coin-img-ETHETH+1.22%coin-img-XAUTXAUT+1.15%coin-img-HYPEHYPE-5.83%coin-img-PAXGPAXG+0.94%coin-img-WLFIWLFI+7.51%coin-img-ASTERASTER-2.87%coin-img-ONDOONDO-1.37%coin-img-ZAMAZAMA-0.07%coin-img-ETHETH+1.22%coin-img-XAUTXAUT+1.15%coin-img-HYPEHYPE-5.83%coin-img-PAXGPAXG+0.94%coin-img-WLFIWLFI+7.51%coin-img-ASTERASTER-2.87%coin-img-ONDOONDO-1.37%coin-img-ZAMAZAMA-0.07%coin-img-ETHETH+1.22%coin-img-XAUTXAUT+1.15%coin-img-HYPEHYPE-5.83%coin-img-PAXGPAXG+0.94%coin-img-WLFIWLFI+7.51%coin-img-ASTERASTER-2.87%coin-img-ONDOONDO-1.37%coin-img-ZAMAZAMA-0.07%coin-img-ETHETH+1.22%
user-avatar
Nellius Irene

Bitcoin funds log $264.4M weekly outflows as XRP and other altcoins draw renewed inflows

In the latest reporting week, Bitcoin investment products saw $264.4 million in outflows, marking a third straight week of withdrawals but at a much slower pace. Over the same period, altcoin funds led by XRP, Ethereum and Solana attracted fresh inflows, while Bitcoin’s price rebounded from a sharp selloff to trade around $70,437. Despite the price recovery, total crypto fund assets under management slipped to $129.8 billion amid divided analyst outlooks on near-term risks and long-term upside.
Selected
XRP
XRP+0.44%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.