Bitcoin Leads Outflows While Short Products Gain Traction

[tradelikepro]

Bitcoin investment products were responsible for the bulk of last week’s outflows, shedding $215 million as bearish sentiment persisted.

Meanwhile, short-Bitcoin products — which profit when BTC declines — attracted $5.5 million in inflows, the highest among crypto assets for the week. The shift signals that some investors are positioning for further downside rather than a near-term rebound.

Year to date, Bitcoin ETPs have recorded approximately $1.3 billion in net outflows, the deepest among major crypto assets.

Other funds followed suit:

Ethereum products lost $36.5 million last week, bringing year-to-date outflows to nearly $500 million.

XRP funds saw minor inflows of $3.5 million.

Solana products added $3.3 million.

The divergence suggests selective interest in alternative assets even as Bitcoin remains the primary driver of overall fund flows.

[mendez]

5.5m into shorts isn’t huge but the vibes are aggressively bearish