COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Investors Withdraw Millions from Crypto Funds While XRP and Others Thrive
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Investors Withdraw Millions from Crypto Funds While XRP and Others Thrive
Cryptocurrency News

Investors Withdraw Millions from Crypto Funds While XRP and Others Thrive

In Brief

  • Crypto funds faced 924 million dollars in total outflows over two weeks.

  • XRP funds saw significant inflows amidst withdrawals from Bitcoin funds.

  • European funds showed resilience with notable net inflows despite broader market trends.

Fatih Uçar
Fatih Uçar 3 months ago
Share
SHARE

Crypto investment funds have experienced significant net outflows for the second consecutive week. Last week, a total of 508 million dollars was withdrawn from these funds, bringing the total outflow in the past two weeks to 924 million dollars. According to a report by CoinShares, investors are adopting a cautious approach due to uncertainties regarding tariffs, inflation, and monetary policy following the presidential transition in the United States. Additionally, trading volume has plummeted from 22 billion dollars to 13 billion dollars.

Contents
Major Withdrawals from US-Based FundsXRP, Solana, and Ethereum Funds Attract Investments

Major Withdrawals from US-Based Funds

The majority of the outflows from crypto funds originated from US-based investment products. A total of 560 million dollars was withdrawn from US funds, while Brazilian, Canadian, and Hong Kong-based funds also saw slight losses. In contrast, European funds showed different trends, with Germany recording a net inflow of 30.5 million dollars, Switzerland 15.8 million dollars, and Sweden 4.9 million dollars. European investors continue to show interest in the crypto market.

CoinShares – Crypto Investment Funds

Bitcoin $104,818 investment funds suffered the largest loss, with 571 million dollars withdrawn. Meanwhile, Bitcoin’s price remained relatively stable, experiencing only a 0.3% decline throughout the week. Funds exiting from US Bitcoin ETFs amounted to 552.5 million dollars, although short Bitcoin funds saw a modest inflow of 2.8 million dollars.

XRP, Solana, and Ethereum Funds Attract Investments

While significant withdrawals occurred from Bitcoin funds, XRP investment funds continued their upward trend. XRP funds attracted a net inflow of 38.3 million dollars last week, making it the most popular asset among altcoin funds. Since November, a total of 819 million dollars has flowed into XRP funds, as investors seem optimistic about a favorable resolution in Ripple $2‘s ongoing case with the SEC.

Investment funds based on Solana $155, Ethereum $2,493, and Sui also registered gains. Solana funds received 8.9 million dollars, Ethereum funds 3.7 million dollars, and Sui funds 1.5 million dollars in net inflows. In terms of price movement, XRP, Solana, Ethereum, and Sui saw respective declines of 7.5%, 13.7%, 1.8%, and 0.7% over the past week.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Bitcoin Faces Potential Long Correction Phase, Says Expert

James Wynn’s Moves Stir the Crypto World

June Sparks Optimism for Ethereum, EOS, and AVAX

Crypto Markets Rally as Trump Meets Xi for Crucial Talks

Trump Boosts Market Confidence With Bold Statements On China

Fatih Uçar 24 February, 2025 - 5:35 pm 24 February, 2025 - 5:35 pm
Share This Article
Facebook Twitter
Share
Previous Article Solana Faces Tumultuous Times as Key Coin Unlocking Approaches
Next Article El Salvador Shifts Its Bitcoin Strategy Under IMF Pressure
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

TON Blockchain Restores Operations After Unexpected 40-Minute Halt
Altcoin News
EIP-7702 Sparks Intense Scrutiny with Ethereum’s Account Abstraction Feature
Ethereum (ETH)
Bitcoin Faces Potential Long Correction Phase, Says Expert
Cryptocurrency News
James Wynn’s Moves Stir the Crypto World
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?