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$66,340.00
5.80%$3,003.74
2.63%$6.93
4.57%$582.73
2.05%$162.55
11.42%$1.00
-0.14%$0.520092
3.29%$3,001.78
2.70%$6.62
-5.02%$0.155584
2.83%$0.455752
4.48%$0.00002541
5.32%$34.73
5.24%$0.124643
-1.04%$66,313.00
5.90%$456.27
5.43%$8.22
17.03%$13.85
5.26%$0.687237
3.50%$82.31
4.07%$2.31
13.61%$12.35
2.21%$7.35
6.36%$5.93
-0.54%$0.00001058
-5.79%$10.51
4.58%$27.22
5.17%$0.110547
3.62%$8.53
6.91%$0.999849
-0.77%$2.41
18.49%$3,113.65
2.64%$0.125319
2.76%$8.43
3.80%$0.992027
3.92%$5.81
7.12%$2.18
13.74%$0.10727
4.24%$3.00
0.67%$49.93
1.72%$2,951.78
2.49%$0.311126
15.46%$0.122581
7.08%$44.09
6.75%$400.47
13.74%$0.992173
5.59%$0.03605283
5.85%$2.50
7.18%$2,796.14
2.92%$1.048
14.07%$134.76
0.76%$1.001
-0.67%$0.820524
24.89%$23.99
11.10%$6.57
16.56%$2.15
10.05%$0.00021358
-2.94%$0.00002598
6.95%$0.592916
26.84%$3,320.93
2.43%$9.13
11.50%$1.82
17.72%$1.18
12.94%$0.04445449
10.71%$1.10
4.36%$0.181181
4.07%$3,104.02
3.16%$1.60
-0.21%$9.87
-0.02%$96.37
2.39%$5.94
19.67%$0.885549
5.93%$86.19
5.26%$63.60
5.93%$0.02531479
17.98%$0.863346
13.77%$0.960774
13.16%$0.00000121
3.82%$2.05
7.94%$0.02805167
4.44%$40.82
7.51%$15.46
5.81%$19.14
4.51%$0.121192
5.80%$4.97
2.40%$8.12
0.99%$0.714908
1.85%$7.24
6.72%$0.02044912
3.82%$0.574263
5.43%$0.439412
6.08%$193.15
12.34%$12.20
3.16%$0.02018311
11.76%$0.00004927
6.78%$2.18
11.18%$9.71
2.68%$0.80167
4.75%$0.918748
4.91%$0.810403
10.36%$0.800318
4.78%$2.69
7.69%$0.213544
8.68%$2.61
7.28%$0.01238573
14.16%$1.16
-0.51%$0.856984
1.71%$39.02
5.88%$4.86
6.51%$0.428376
4.83%$3,005.59
3.58%$1.24
7.66%$3,025.36
2.99%$192.58
12.39%$13.15
9.22%$0.997201
-0.04%$0.663457
5.07%$277.10
0.92%$1.28
3.57%$0.215947
5.48%$1.055
7.02%$0.105198
15.83%$2.61
4.36%$4.39
7.32%$0.01515412
0.57%$0.442592
8.52%$20.44
14.31%$0.998503
-0.73%$16.28
11.32%$0.0001094
5.57%$0.174432
5.50%$0.963541
12.60%$35.26
7.77%$1.97
0.59%$2,993.18
2.87%$0.380903
12.20%$0.089091
8.31%$0.00000028
7.49%$0.722725
5.88%$2,386.60
0.66%$0.873298
11.33%$4.72
21.38%$3,167.97
2.62%$3,212.99
2.71%$2.05
8.09%$1.52
2.29%$84.97
4.95%$0.544576
6.95%$0.03619408
0.08%$0.288503
9.67%$2.38
5.97%$0.422503
5.29%$0.09052
6.23%$1.001
-0.41%$1.10
14.90%$0.502833
-3.30%$0.051165
11.74%$0.02650306
8.55%$0.00000048
1.37%$0.0453874
4.70%$4.81
-1.28%$3,246.03
2.62%$2.74
5.59%$0.279933
2.75%$1.76
17.28%$0.04551197
8.30%$3.92
11.78%$9.74
26.52%$1.083
2.24%$14.37
6.20%$0.991957
9.48%$0.38478
7.92%$0.22005
6.52%$0.301463
5.65%$0.82068
10.46%$2,368.21
0.57%$0.02352095
5.89%$0.504692
12.41%$0.31367
4.31%$20.86
7.30%$0.404235
11.53%$4.98
16.40%$1.64
4.21%$0.02962656
7.37%$0.00119035
3.97%$3.55
5.53%$0.00229288
5.25%$1.72
12.66%$0.590627
5.11%$0.00719268
5.64%$3.49
7.26%$0.00700129
1.80%$1,331.54
6.60%$55.87
4.77%$0.525335
2.64%$3,084.53
2.93%$3.62
4.09%$0.999193
-0.42%$0.072905
6.01%$0.815803
0.13%$3.81
-3.26%$0.474501
10.21%$3.40
5.71%$0.04260412
35.95%$0.03703275
6.78%$0.237914
5.27%$23.36
3.90%$0.866494
11.28%$0.00690795
17.30%$0.698428
5.07%$29.08
4.05%$0.02826912
3.78%$4.27
5.60%$0.03745764
4.93%$58.62
6.73%$5.07
4.81%$60.35
2.62%$20.28
11.22%$0.03235376
2.18%$0.255095
5.49%$30.88
1.25%$3.30
4.09%$0.725077
5.55%$0.895853
7.03%$0.00395926
11.35%$0.828062
12.36%$7.61
2.54%$0.00339305
4.46%$0.439208
69.13%$31.33
11.64%$114.82
-0.11%$0.00092504
-16.47%$0.331236
12.24%$3.65
0.13%$2.02
-2.07%$0.442836
18.79%$0.373848
10.51%$0.00000073
34.70%$3.86
2.68%$0.31511
7.61%$1.95
6.24%$2.42
9.66%$0.000036
-19.73%$0.34113
23.78%$0.053823
36.24%$0.190021
14.66%$3,160.92
2.92%$39.53
5.78%After a powerhouse run of several weeks of gains, investors last week pulled out close to $1 billion from crypto investment products.
A new report from digital asset fund manager CoinShares on Monday dropped figures showing that $942 million exited funds, such as those giving investors exposure to Bitcoin, Ethereum, Solana, and Cardano.
“Hesitancy amongst investors led to record net outflows of $942 million,” the report read, adding that Bitcoin’s price dip last week led to the outflows. Bitcoin last week experienced a crash after the week before touching a new all-time high. It has since been struggling to break above its November 2021 top of $69,000 per coin, though it finally cracked through early Monday.
Most of the focus was on Bitcoin, with huge amounts of money exiting Grayscale’s newly converted exchange-traded fund (ETF), GBTC. Investors have been fast redeeming shares from the ETF since it evolved from an essentially closed-end fund in January.
But despite the Grayscale outflows, cash still hit other Bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust and the Fidelity Wise Origin Bitcoin Trust, the report said.
Elsewhere, crypto funds in Europe giving investors exposure to altcoins also experienced significant outflows.
Previous to last week’s outflows, investors had pumped cash into crypto investment products for seven weeks in a row. The newly approved spot Bitcoin ETFs—given the green light by the Securities and Exchange Commission in January—have been particularly popular.
Bitcoin’s price currently stands at $70,644, according to CoinGecko, up 7.5% in the past 24 hours but still below the new all-time high of $73,737 it touched earlier this month.
Edited by Andrew Hayward
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.