Key Takeaways
Did institutional crypto funds pull back last week?
Oh, you bet! A staggering $1.94 billion was yanked from digital asset funds as Bitcoin decided to take a nosedive.
Is the selling pressure over for Bitcoin and Ethereum?
The numbers suggest the frantic selling might just be on its last legs. Hold on to your hats, dear investors.
It seems the crypto world’s elite had a little panic attack last week, with institutional investors taking their leave as Bitcoin [BTC] fell below a crucial cost-basis level. However, before we start stockpiling our crypto-doomsday supplies, the data hints that a stable landing might not be as far away as it seems. What happens next? Well, it hinges on one tiny detail… that critical price level. And let’s not forget whether these institutions are truly finished with their little “sell-off party” 🤑.
Institutions Pull Big Money as Outflows Continue
And just like that, digital asset funds witnessed a colossal $1.94 billion in outflows last week. That’s not just a little dip; it’s the fourth consecutive week of redemptions, and one of the largest since 2018. Can you hear the panic in the air? 💸
According to CoinShares, the grand total stands at $4.92 billion, which is a meager 2.9% of total AUM (that’s Assets Under Management, in case you haven’t been paying attention). It’s as if institutional sentiment has been frozen solid. ❄️
Bitcoin did the heavy lifting, with $1.27 billion marching out the door, while Ethereum [ETH] saw a respectable $589 million in outflows, or 7.3% of its AUM. Poor Solana [SOL] also took a hit with $156 million, and don’t even get me started on Ripple’s XRP [XRP], which was actually the star of the show with $89.3 million in inflows. Oh, the irony. 🤦♂️
But wait-plot twist! On Friday, there was a glimmer of hope. A $258 million net inflow arrived, suggesting that institutional investors might just be easing up on their sell-off binge. Could this be the calm after the storm? Or just another blip on the radar? Stay tuned! 🤔
The ETF data backs this up too. The plot thickens…
Bitcoin ETFs, of course, didn’t get off easy. There were days of painful redemptions, including one day where nearly $900 million vanished. Meanwhile, Ethereum took its own beating with $589 million exiting, or 7.3% of AUM. Somebody get these poor assets a therapist. 😬
Yet, just as the crypto gods seemed to curse us, Bitcoin ETFs saw some hefty inflows on Friday. More than $200 million appeared like magic in a single day. It doesn’t erase all the earlier damage, but it does indicate that the relentless selling pressure might finally be slowing down. Could the tides be turning? 🧐
Not a Sell-Preparation Spike… Or Is It?
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2025-11-26 18:37