Global Crypto ETPs Hit $3.7B Outflows: Fourth Week of Exodus
CoinShares reports fourth straight week of European crypto ETP outflows totaling $3.7B last month, BTC products hammered as Fear & Greed hits lows. The Block coverage amplifies bear chatter.
Outflows persist amid sentiment troughs, but DeFi inflows contrast. CoinShares data shows regional caution, yearly context positive.
Markets analysts see short-term pressure but stronger base post-shakeout. Preps for catalyst-driven reversals, highlights divergences.
ETP outflows prune weak hands, building resilience. Pragmatic view: reversal nears on positives. Analysts, stay grounded.