Crypto ETPs Experience Outflows Amidst Active ETF Pipeline
Recent outflows contrast with long-term inflows and ongoing product development.
Web3 Wavefronts - Digestible News on Crypto, DeFi and AI · theWeb3.news
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Show Notes
Crypto exchange-traded products experienced weekly outflows of $850.4 million and monthly withdrawals of $817.6 million, though year-to-date inflows remain at $62.5 billion. Bitcoin and Ether products saw the most significant movement, and market participants are repositioning assets based on asset type, tenor, and issuer. Crypto.com and Trump Media are exploring Bitcoin, Cronos, and energy-related ETFs, while NASDAQ filed to list a Grayscale Avalanche ETF, and VanEck and Cboe are registering new crypto products. Liquidity pressures from the U.S. Treasury General Account and concerns about a potential government shutdown are influencing near-term flows.
Source: https://theweb3.news/crypto/crypto-etp-flows-etf-pipeline/
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