Crypto ETP Outflows Hit $446M as Investor Caution Persists
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Crypto exchange-traded products (ETPs) recorded $446 million in net outflows last week, extending a cautious trend that has dominated markets since October’s sharp correction. According to CoinShares, cumulative outflows since Oct. 10 now stand at $3.2 billion, signaling that investor confidence has yet to meaningfully recover as 2025 draws to a close.
While year-to-date inflows remain strong at $46.3 billion, CoinShares head of research James Butterfill noted that total assets under management have risen just 10% YTD, suggesting many investors are underwater once flows and price action are considered. The data paints a picture of a market that remains engaged, but far more selective than earlier in the cycle.