U.S. spot crypto ETFs recorded combined net outflows of approximately $1.55 billion this week, marking the second consecutive week of significant net outflows. Among the 15 cryptocurrency asset classes tracked, only the Avalanche fund recorded a weekly net inflow of $227,000, while the remaining categories continued to see outflows.
According to statistics from the tracking firm SoSoValue, net outflows in this round have persisted for more than two weeks, indicating that market sentiment has cooled more sharply than expected recently. Widespread net outflows from ETFs reflect a shift toward caution among institutional and retail investors, suggesting that the market is entering a correction phase.
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