Crypto ETFs See First Outflow in 15 Weeks Amid New Legislation
Cryptocurrency exchange-traded funds recorded their first net outflow in 15 weeks last week, with the trend continuing into this week. The shift follows the signing of long-awaited crypto legislation into law, reflecting a classic 'buy the rumor, sell the news' market dynamic.
Investors are repositioning after the market digested the regulatory clarity, signaling cautious sentiment toward crypto ETFs. The outflows suggest traders are locking in profits now that the anticipated legislation has become reality.