{"id":75864,"date":"2023-03-20T16:35:47","date_gmt":"2023-03-20T14:35:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=75864"},"modified":"2025-09-10T14:03:01","modified_gmt":"2025-09-10T11:03:01","slug":"crypto-fund-outflows-continue-for-the-sixth-consecutive-week","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/crypto-fund-outflows-continue-for-the-sixth-consecutive-week\/","title":{"rendered":"Crypto fund outflows continue for the sixth consecutive week"},"content":{"rendered":"<p>Outflows from crypto investment products from March 11 to 17 totaled $95 million, after a record $255 million the week before. Analysts at <a href=\\\"https:\/\/blog.coinshares.com\/volume-123-digital-asset-fund-flows-weekly-report-9444c8a34d88\\\">CoinShares<\/a> said.<\/p>\n<div class=\\\"wp-block-image\\\">\n<figure class=\\\"aligncenter size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"711\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/image-121-1024x711.png\\\" alt=\\\"image-121\\\" class=\\\"wp-image-201816\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/image-121-1024x711.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/image-121-300x208.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image-121-768x533.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/image-121.png 1125w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>Data: CoinShares.<\/figcaption><\/figure>\n<\/div>\n<p>Over the last five weeks, investors withdrew $406 million \u2014 equivalent to 1.2% of assets under management.<\/p>\n<p>Thanks to the favorable market conditions, <span data-descr=\\\"assets under management\\\" class=\\\"old_tooltip\\\">AUM<\/span> jumped to $33 billion, not seen since the <a href=\"https:\/\/u1f987.com\/en\/news\/british-virgin-islands-court-orders-liquidation-of-three-arrows-capital\">collapse<\/a> of the cryptocurrency hedge fund Three Arrows Capital in June 2022. The weekly gain was 26%.<\/p>\n<p>Daily trading volume doubled, reaching $2.6 billion.<\/p>\n<p>Withdrawals remained concentrated in bitcoin products. The associated funds lost $113 million ($244 million the previous week). Shorting-enabled structures attracted $34.7 million, versus a $1.2 million outflow in the previous reporting period.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>&#8220;The outflow contrasted sharply with the broader market and suggests that, in part, this was driven by liquidity needs rather than negative sentiment,&#8221;<\/em> the specialists explained.<\/p>\n<\/blockquote>\n<p>Altcoins posted mixed results. Ethereum-based funds saw $12.7 million leave, and asset baskets $5.2 million. XRP-based funds attracted $0.4 million, with Solana, Polygon, and Litecoin drawing $0.2 million each.<\/p>\n<div class=\\\"wp-block-image\\\">\n<figure class=\\\"aligncenter size-full\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/image-122.webp\\\" alt=\\\"image-122\\\" class=\\\"wp-image-201818\\\"\/><figcaption>Data: CoinShares.<\/figcaption><\/figure>\n<\/div>\n<p>In March, CryptoQuant founder Ki Young Ju and analyst rektcapital<a href=\"https:\/\/u1f987.com\/en\/news\/experts-note-bitcoins-transition-into-a-bull-market\">noted<\/a> the transition of bitcoin into a bullish phase.<\/p>\n<p>Earlier, the founder and CEO of analytics company Messari, Ryan Selkis, predicted the ascent of the leading cryptocurrency<a href=\"https:\/\/u1f987.com\/en\/news\/messari-ceo-forecasts-bitcoin-to-reach-100-000\">to $100,000<\/a> within 12 months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Outflows from crypto investment products from March 11 to 17 totaled $95 million, after a record $255 million the week before, according to CoinShares analysts.<\/p>\n","protected":false},"author":1,"featured_media":75865,"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-75864","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":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75864","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=75864"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75864\/revisions"}],"predecessor-version":[{"id":75866,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75864\/revisions\/75866"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/75865"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=75864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=75864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=75864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}