Crypto Funds Experience Significant Outflows, XRP Exudes Resilience

Cryptocurrency investment products recorded a significant decline in activity, with a total of $288 million in outflows. This marks the fifth consecutive week of substantial withdrawals from digital asset funds.

Despite this trend, XRP showed resilience by attracting $3.5 million in inflows, setting it apart from other cryptocurrencies. The cumulative outflows have now reached $4 billion, with Bitcoin leading the way at $215 million lost.