{"id":127136,"date":"2025-04-14T12:21:10","date_gmt":"2025-04-14T12:21:10","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127136"},"modified":"2025-04-14T12:21:10","modified_gmt":"2025-04-14T12:21:10","slug":"crypto-investment-products-nearly-wipe-2025-gains-as-outflows-hit-7-2b","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127136","title":{"rendered":"Crypto investment products nearly wipe 2025 gains as outflows hit $7.2B"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsDigital asset exchange-traded products (ETPs) saw almost $800 million in outflows last week, marking their third consecutive week, according to a report from crypto asset manager CoinShares.\u00a0<br \/>\nOn April 14, CoinShares reported that crypto ETPs saw $795 million in outflows last week, with Bitcoin (BTC)-based products accounting for $751 million, while Ether (ETH) products followed with $37.6 million.\u00a0<br \/>\nWhile the major tokens saw increased outflows, some altcoins went against the flow, seeing small gains. These included XRP, Ondo Finance, Algorand and Avalanche.\u00a0<br \/>\nAccording to CoinShares, the total outflows of crypto ETPs since February have reached $7.2 billion, nearly wiping out the year-to-date (YTD) inflows from the investment products.\u00a0<br \/>\nTariff activity weighs in on crypto ETPs<br \/>\nCoinShares head of research James Butterfill attributed the outflows to the recent tariff-related activities initiated by United States President Donald Trump.\u00a0<br \/>\nOn April 2, Trump signed an executive order imposing a 10% baseline tariff on all imports from all countries. The president also set reciprocal tariffs for countries that charge tariffs on US imports. The Trump administration then continued flip-flopping over tariff policy, bringing market uncertainty.\u00a0<br \/>\nButterfill wrote that the \u201cwave of negative sentiment\u201d that started in February has resulted in record outflows of $7.2 billion. The outflows have nearly wiped out all the YTD inflows, now amounting to $165 million.<br \/>\nIn addition to Bitcoin and Ether-based products, altcoins like Solana, Aave and Sui also collectively saw outflows of over $6 million last week.\u00a0<br \/>\nWhile Bitcoin-related products have also seen huge outflows, its YTD gains still stand at $545 million. Furthermore, short-Bitcoin products also saw outflows totaling $4.6 million.\u00a0<br \/>\nRelated: This year\u2019s top ETF strategy? Shorting Ether \u2014 Bloomberg Intelligence<br \/>\nBlackRock\u2019s iShares lead crypto ETP outflows\u00a0<br \/>\nBlackRock\u2019s iShares exchange-traded funds (ETFs) had the most outflows among ETP providers. CoinShares data shows that BlackRock\u2019s ETFs saw $342 million in outflows last week, putting its total month-to-date outflows at $412 million.\u00a0<br \/>\nCrypto ETP flows chart by asset provider. Source: CoinSharesEven though BlackRock had massive outflows this month, the ETF issuer still has about $2.8 billion in YTD inflows. The asset manager also holds over $49.6 billion in assets under management (AUM).<br \/>\nMagazine: Memecoin degeneracy is funding groundbreaking anti-aging research<a href=\"https:\/\/cointelegraph.com\/news\/crypto-etps-7-billion-outflows-since-february?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsDigital asset exchange-traded products (ETPs) saw almost $800 million in outflows last week, marking their third consecutive week, according to a report from crypto asset manager CoinShares.\u00a0 On&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127136"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127136"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127136\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127136"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}