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Uncertainty Over US Tariffs and Inflation Triggers Crypto Fund Outflows

Uncertainty Over US Tariffs and Inflation Triggers Crypto Fund Outflows

Between February 15 and 21, outflows from cryptocurrency investment funds amounted to $508 million, following $415 million the previous week, according to data from CoinShares.

1-1442
Source: CoinShares.

Analysts attributed the continuation of the negative trend to uncertainty regarding import tariffs, inflation, and monetary policy in the United States.

Such sentiments were reflected in a decline in trading volume to $13 billion from $22 billion two weeks prior.

Instruments based on the first cryptocurrency saw an outflow of $571 million compared to $430 million in the previous reporting period.

In the segment of US spot Bitcoin ETFs, investors withdrew $559.4 million. The negative trend continued for the second consecutive week.

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Source: SoSoValue.

Clients directed $2.8 million into structures that allow shorting digital gold (previously withdrew $9.6 million).

In Ethereum funds, an outflow of $7.2 million was replaced by an inflow of $3.7 million.

Inflows into XRP-based products accelerated from $8.5 million to $38.3 million.

Competitors based on Solana, Sui, and Litecoin attracted $9 million, $1.5 million, and $1.1 million, respectively.

3-578
Source: CoinShares.

Earlier, traders suggested Ethereum’s superiority over Solana due to a series of scandals surrounding meme coins on the latter blockchain.

Previously, QCP Capital noted optimism in ETH options expiring after the planned April hard fork Pectra.

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