Institutional Sales Continue in Bitcoin (BTC) and Ethereum! A Surprise Came from an Altcoin!

Uncertainty continues in Bitcoin and altcoins due to US and China tariff tensions. Although BTC has been recovering in recent days following Trump’s decision to suspend tariffs with most countries, Coinshares released its weekly cryptocurrency report and said that there was an outflow of $795 million last week. “Cryptocurrency investment products saw outflows of $795 million last week, bringing total outflows since early February to $7.2 billion. “With the latest exits, the inflows since the beginning of the year have almost been zero.” What is the Latest Situation in Bitcoin and Altcoins? When looking at individual crypto funds, it was seen that the majority of outflows were in Bitcoin. While BTC experienced an outflow of $751 million, Ethereum (ETH) experienced an outflow of $37.6 million. When we look at other altcoins, Solana (SOL) experienced an outflow of $5.1 million, SUI experienced an outflow of $0.6 million, while XRP experienced an inflow of $3.4 million. “Bitcoin saw the largest outflow of any asset last week with $751 million outflows, but YTD inflows stood at $545 million. The exits were seen across a wide range of countries and providers, highlighting that negative sentiment remains widespread. Ethereum saw the second-largest outflow last week with $37.6 million. Solana, Aave, and Sui also suffered a similar fate, seeing outflows of $5.1 million, $0.78 million, and $0.58 million respectively. Other altcoins saw small inflows, led by XRP with an inflow of 3.5 million. Ondo, Algorand, and Avalanche saw inflows of $0.46 million, $0.25 million, and $0.25 million, respectively. When looking at regional fund inflows and outflows, it was seen that the USA ranked first with an outflow of 763 million dollars. Switzerland came in second after the United States with an outflow of $11.9 million. In the face of these outflows, Canada experienced a small inflow of $2.1 million. *This is not investment advice. Continue Reading: Institutional Sales Continue in Bitcoin (BTC) and Ethereum! A Surprise Came from an Altcoin!