US Drives Global Crypto Outflows, But Europe Bucks the Trend with $220M Inflows
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While crypto investment products globally saw $812 million in net outflows last week, the story was one of two continents.
The United States single-handedly drove the negative trend with a massive $1.04 billion exiting its funds. In contrast, European markets in Switzerland, Germany, and Canada collectively attracted over $220 million in net inflows.
This regional divergence suggests the negative sentiment was a US-specific reaction to macroeconomic data that reduced hopes for rate cuts.
Despite the weekly US exodus, the global crypto investment picture remains healthy, with year-to-date inflows standing at a substantial $39.6 billion.
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