Ethereum’s $2,000 test: CoinShares sees outflows easing, but ETF cash keeps leaving
Crypto ETPs — that’s exchange-traded products like ETFs tracking digital assets — posted their third consecutive week of outflows, though the bleed slowed to $187 million last week, according to CoinShares on Monday. James Butterfill, head of research at CoinShares, said the deceleration could signal “inflection points in investor sentiment.” Bitcoin products led the outflows with $264.4 million pulled, while ether ETPs actually attracted $5.3 million. XRP funds brought in $63 million; Solana saw $8.2 million in new money. On the price front, ether dropped 3.7% to $2,018, with bitcoin down 2.4% to $68,562.
