{"id":75456,"date":"2023-03-13T16:39:15","date_gmt":"2023-03-13T14:39:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=75456"},"modified":"2025-09-10T11:46:44","modified_gmt":"2025-09-10T08:46:44","slug":"crypto-funds-post-record-outflow","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/crypto-funds-post-record-outflow\/","title":{"rendered":"Crypto funds post record outflow"},"content":{"rendered":"<p>The outflow from cryptocurrency investment products from March 4 to 10 reached a record $255 million, compared with $17 million a week earlier, according to CoinShares.<\/p>\n<p>\\n\\n<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-118.webp\" alt=\"image-118\" class=\"wp-image-200371\"\/><figcaption>Data: CoinShares.<\/figcaption><\/figure>\n<\/div>\n<p>\\n\\n<\/p>\n<p>The negative momentum continued for a fifth consecutive week.<\/p>\n<p>\\n\\n<\/p>\n<p>The $255 million represented 1% of assets under management. The figure has returned to levels seen at the start of the year.<\/p>\n<p>\\n\\n<\/p>\n<p>The more notable relative decline <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> occurred in May 2010. Since then, AUM has risen by 861%, analysts noted.<\/p>\n<p>\\n\\n<\/p>\n<p>Investors pulled $244 million from traditional Bitcoin funds ($20.1 million in the previous week). Outflows from products that allow short exposure to the cryptocurrency totaled $1.2 million, versus an inflow of $1.8 million in the previous reporting period.<\/p>\n<p>\\n\\n<\/p>\n<p>In altcoins, mixed dynamics were observed. From Ethereum-, Litecoin- and Tron-based products, investors pulled $11 million and $0.3 million respectively. Solana-based funds attracted $0.4 million, XRP $0.3 million.<\/p>\n<p>\\n\\n<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-119.webp\" alt=\"image-119\" class=\"wp-image-200372\"\/><figcaption>Data: CoinShares.<\/figcaption><\/figure>\n<\/div>\n<p>\\n\\n<\/p>\n<p>On March 13, Bitcoin<a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-climbs-above-24000\"> surpassed $22,000<\/a> on the back of a statement from the U.S. Treasury and the <span data-descr=\"Federal Deposit Insurance Corporation (FDIC)\" class=\"old_tooltip\">FDIC<\/span>.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier, Glassnode<a href=\"https:\/\/u1f987.com\/en\/news\/report-on-chain-metrics-indicate-potential-market-recovery\"> analysts noted an improvement in market sentiment and the potential for further Bitcoin price growth, based on on-chain indicators.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The outflow from cryptocurrency investment products from March 4 to 10 reached a record $255 million, compared with $17 million a week earlier. Analysts at CoinShares said.<\/p>\n","protected":false},"author":1,"featured_media":75457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1191,1145],"class_list":["post-75456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-coinshares","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=75456"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75456\/revisions"}],"predecessor-version":[{"id":75458,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75456\/revisions\/75458"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/75457"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=75456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=75456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=75456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}