Institutional Investors Maintain Selling Streak, Reach Year-to-Date Outflow Milestone

Institutional investors have been consistent in their selling behavior over the past five weeks, with a combined outflow of $288 million from Bitcoin and crypto assets. This trend has led to cumulative year-to-date outflows reaching $4 billion.

The majority of the selling pressure was seen in Bitcoin, which accounted for $215 million of the total outflows. On the other hand, short-bitcoin products attracted $5.5 million in inflows, marking the largest inflow among all assets.

Ethereum posted the second-largest outflows at $36.5 million, followed by multi-asset products losing $32.5 million and Tron recording $18.9 million in outflows.