Note that this is the fourth week in a row that cryptocurrency funds have fallen in capitalization. Indicators are roughly the same as in previous weeks.
About $200 million was withdrawn in those four weeks, representing 0.6% of the total capitalization of digital asset trusts.
At the same time, the figure has fallen by 13% from its April peaks.
The most unsuccessful week was for bitcoin – $37.5 million was withdrawn from the funds on this cryptocurrency, which is about 80% of the capital outflow.
And if you add to this number another $10.4 million withdrawn from bitcoin shorting products, it turns out that $48 million of $54 million was lost by BTC funds.
Another $6.7 million withdrawn from multicurrency trusts. The funds lost a little – $0.5 million – on the BNB. Other assets recorded inflows, but very small ones.
Interestingly, the leader in withdrawal of cryptocurrencies from funds was Germany. Investors from that country withdrew $30.5 million at once.
Users of U.S. investment products withdrew $12.4 million. Recall that the record capital outflow was recorded in March of this year – in just one week investors took out $255 million.