{"id":84968,"date":"2023-09-25T15:18:58","date_gmt":"2023-09-25T12:18:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84968"},"modified":"2025-09-12T20:31:49","modified_gmt":"2025-09-12T17:31:49","slug":"outflows-from-crypto-funds-continue-for-a-sixth-straight-week","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/outflows-from-crypto-funds-continue-for-a-sixth-straight-week\/","title":{"rendered":"Outflows from crypto funds continue for a sixth straight week"},"content":{"rendered":"<p>Outflows from cryptocurrency investment products for the period of 16\u201322 September totaled $9 million, down from $54 million a week earlier, according to <a href=\"https:\/\/blog.coinshares.com\/volume-150-digital-asset-fund-flows-weekly-report-d12d3da03d37\">CoinShares<\/a>.<\/p>\n<p>Trading volumes were $820 million, below year-to-date averages of $1.3 billion.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/image-635.webp\" alt=\"image-635\" class=\"wp-image-216548\"\/><figcaption class=\"wp-element-caption\">Data: CoinShares.<\/figcaption><\/figure>\n<\/div>\n<p>In Bitcoin funds, outflows of $6 million were recorded after $45 million in the previous reporting period.<\/p>\n<p>From structures enabling short exposure on the first cryptocurrency, investors pulled out $2.8 million (versus $3.8 million a week earlier).<\/p>\n<p>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 \u2014 $0.3 million each.<\/p>\n<p>Solana- and XRP-based products attracted $0.31 million and $0.66 million, respectively.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/image-636.webp\" alt=\"image-636\" class=\"wp-image-216553\"\/><figcaption class=\"wp-element-caption\">Data: CoinShares.<\/figcaption><\/figure>\n<\/div>\n<p>Earlier, IntoTheBlock researchers drew attention to<a href=\"https:\/\/forklog.com\/en\/news\/rising-us-government-bond-yields-dampen-bitcoins-appeal\">the zeroing of the correlation between Bitcoin and the U.S. dollar<\/a>.<\/p>\n<p>Earlier, BitMEX co-founder Arthur Hayes allowed for a possible brief dip in Bitcoin below $20,000 followed by<a href=\"https:\/\/forklog.com\/en\/news\/analyst-forecasts-bitcoin-to-rise-to-50000-ahead-of-the-halving\">a new bullish impulse<\/a>. However, in September he pointed to<a href=\"https:\/\/forklog.com\/en\/news\/arthur-hayes-points-to-positive-bitcoin-prospects-despite-fed-policy\">positive prospects<\/a> for digital gold despite the policy of the <span data-descr=\"The U.S. Federal Reserve\" class=\"old_tooltip\">\u0424\u0420\u0421<\/span>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CoinShares: Outflows from cryptocurrency investment products for the period of 16\u201322 September totaled $9 million, down from $54 million a week earlier.<\/p>\n","protected":false},"author":1,"featured_media":84969,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1191,1145],"class_list":["post-84968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-coinshares","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=84968"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84968\/revisions"}],"predecessor-version":[{"id":84970,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/84968\/revisions\/84970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/84969"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=84968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=84968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=84968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}