Outflows from cryptocurrency investment products for the period of 16–22 September totaled $9 million, down from $54 million a week earlier, according to CoinShares.
Trading volumes were $820 million, below year-to-date averages of $1.3 billion.
In Bitcoin funds, outflows of $6 million were recorded after $45 million in the previous reporting period.
From structures enabling short exposure on the first cryptocurrency, investors pulled out $2.8 million (versus $3.8 million a week earlier).
In altcoin-based products, the trend was mixed. In Ethereum funds, investors freed up $2.2 million, compared with $4.8 million the previous week. From BNB- and Polygon-based structures — $0.3 million each.
Solana- and XRP-based products attracted $0.31 million and $0.66 million, respectively.
Earlier, IntoTheBlock researchers drew attention tothe zeroing of the correlation between Bitcoin and the U.S. dollar.
Earlier, BitMEX co-founder Arthur Hayes allowed for a possible brief dip in Bitcoin below $20,000 followed bya new bullish impulse. However, in September he pointed topositive prospects for digital gold despite the policy of the ФРС.