Cryptocurrency ETFs saw an outflow of $2 billion last week, marking the largest single-week outflow since February

The capital review media The Kobeissi Letter posted on the X platform, stating that crypto ETFs saw an outflow of $2 billion last week, marking the largest single-week outflow record since February. This marks the third consecutive week of outflows, totaling $3.2 billion. Among them, Bitcoin ETFs had an outflow of $1.4 billion, and Ethereum ETFs had an outflow of $689 million.

In the past month, the average daily outflow as a percentage of total assets under management has risen to an all-time high. Due to price declines and fund outflows, the total assets under management have decreased by 27% from the peak in October, down to $191 billion.