News - Waarschuwing voor investeerders: 1 miljard dollar stroomt uit crypto-fondsen
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Institutional investors are taking more money out of the market while putting in less. The reason: the Fed's new stance.
Approximately $1 billion flowed away last week from the funds of cryptocurrency asset managers. Still, the balance remains positive, with a plus of $308 million.
This makes this the 11th consecutive week of net inflows, totaling $44 billion by 2024. An increase of 1,866 percent from the previous year.
#Bitcoin Fractal Correction Update#BTC just triggered an Ichimoku death cross on the daily chart, reminiscent of late 2023.
— Titan of Crypto (@Washigorira) December 27, 2024
Liquidity grab underway before the next move up? pic.twitter.com/xJJf6hbE8b
Bitcoin saw the most inflows, with about $375 million. However, this is much less than the previous week, when it was $2 billion.
With Ethereum, inflows even dropped from about $1 billion to just $51 million.
Overall, however, crypto funds make up only a small portion of the market. Bitcoin Spot ETFs alone manage twice as many digital assets.
This drastic difference is due to the new stance of the U.S. central bank, the Federal Reserve (Fed). Last week, the Fed cut interest rates by only 0.25 basis points, less than expected. Moreover, the bank indicated that there will be no further cuts in 2025.