Crypto Funds Bleed $223M—15-Week Inflow Streak Snapped (Is This a Buying Opportunity?)
Crypto's hot money faucet just got a wrench thrown in it.
After 15 straight weeks of inflows—where institutional investors couldn't shovel cash into digital assets fast enough—funds saw $223 million flee last week. Was it profit-taking? Risk-off sentiment? Or just hedge funds doing their usual 'buy high, panic low' routine?
The real question: Is this a blip or the start of a deeper pullback? History says crypto's best rallies often start when weak hands cash out.
(And let's be real—if Wall Street could time the market, they wouldn't need 2-and-20 fees to stay solvent.)
Bitcoin Sees the Biggest Hit, Ethereum Still Strong
Bitcoin investment products were hit hardest, with $404 million in outflows, mostly from U.S. spot Bitcoin ETFs, which alone lost $642.9 million. Even with that dip, Bitcoin has still pulled in $20 billion this year, which just shows how much it reacts every time interest rate talks come up.
Meanwhile, ethereum kept its streak going strong and didn’t slow down. ETH-based funds saw $133 million in net inflows, marking their 15th straight week of gains, the longest since mid-2021. Interestingly, even after a rough Friday (with $152.3 million in outflows), U.S. spot Ethereum ETFs still led the week with $154.3 million in total inflows.
Altcoins also saw selective interest. XRP brought in $31.2 million, while solana and Sei followed with $8.8 million and $5.8 million, respectively.
Region-Wise: U.S. Pulls Out, Hong Kong and Switzerland Step In
The U.S. led the withdrawals with $383 million in outflows, followed by Germany ($35.5 million) and Sweden ($33.3 million). Meanwhile, some regions took a more bullish stance; Hong Kong recorded $170.4 million in inflows, and Switzerland added another $52.4 million.
So while the week ended in red, the bigger picture still leans positive. A minor pullback after weeks of inflows and rising prices isn’t surprising. What this does show, however, is how tightly crypto remains tied to macroeconomic signals, and just how quickly sentiment can flip.
Also Read: Spot bitcoin ETFs See $812M in Outflow as Market Turns Bearish