Crypto Funds Don Stop 14 Weeks Inflow Wit $223M Outflow
Digital asset investment products record say $223 million outflows last week, end one 14-week inflow streak. Dis pullback happen afta hawkish Federal Reserve signals and strong US economic data. Bitcoin lead di outflows, drop $404 million, show how e sensitive to monetary policy. For contrast, Ethereum extend im inflow streak to 15 weeks wit $133 million new funds. Altcoins like XRP, Solana, and Cardano also get big inflows, matching recent price gains.
For di ETF side, BlackRock’s iShares Bitcoin Trust (IBIT) still dey dominate, attract $749 million and pass $80 billion assets under management. With holdings over 706,000 BTC, IBIT remain di fastest-growing spot Bitcoin ETF, even pass gold ETFs. Michael Saylor’s MicroStrategy add 21,021 BTC, bring im total to 628,791 BTC.
Dis change for crypto investment product fund flows show sey investors get small cooling sentiment for near term toward broad-market products, while show di ongoing strength of major ETFs. Traders suppose dey watch Federal Reserve signs and ETF flows for possible market turns.
Bearish
Di $223 million wayi show say di flow don change after long time wey money dey flow in, dis one mean say investors no too dey interested to put money for broad-market crypto investment products again. Di $404 million wey Bitcoin comot show say people dey watch Federal Reserve talk well well plus better US economy data. For history, when dis kind thing happen before, e mean say market go small drop short time as risk assets dey react to money policy wey tight. But strong ETF inflows—specially BlackRock IBIT wey add $749 million plus pass $80 billion AUM—show say broad funds and flagship ones dey different path. For short time, traders fit see more wahala and some money fit comot from diversified funds. For long term, as big Bitcoin ETFs dey still strong, e fit help hold market steady and open door for more money once money policy kasala slow down.