US: US institutions have withdrawn over $200 million from investment crypto products

CoinShares, a digital asset manager, reported that institutional investment in crypto products saw an outflow for the second week in a row.

According to their latest report on digital asset fund flows, these products saw a loss of $206 million in outflows last week, amounting to nearly $312 million over the past two weeks.

These volumes already represent a smaller share of the total volumes of BTC compared to a month ago, falling from 55% to 28%. The data shows waning appetite among ETP/ETF investors, which is likely due to expectations that the Federal Reserve will keep interest rates high for an extended period of time.

While institutional investors in Canada and Switzerland contributed $30 million and $8 million to inflows, respectively, Germany saw a marginal outflow of $8 million. Conversely, negative sentiment around US ETFs led to significant regional outflows of $244 million.

Bitcoin (BTC) bore the brunt of outflows, losing $192 million, while Ethereum products (ETH) maintained outflows for the sixth consecutive week, totaling $34 million last week.

Despite these trends, some crypto products have attracted inflows. Investment vehicles that invest in more than one cryptocurrency saw $9 million in inflows last week, while Litecoin (LTC) and Chainlink (LINK) raised $3.2 million and $1.7 million, respectively.

14 August 2025

UK: HMRC using AI to scour suspected tax cheats’ social media

HMRC has confirmed it uses artificial intelligence (AI) to monitor social media posts as part of criminal investigations into suspected tax cheats. It said the tech would not replace “human decision-making”

Read More
14 February 2024

SINGAPORE: Singapore’s carbon tax hike will drive innovation

Last month’s steep increase in Singapore’s carbon tax illustrates the commitment the country has made to bringing about a carbon-neutral future. Without government intervention and regulation,

Read More
14 February 2025

UK: UK to ‘reverse unintended’ non-dom hit to overseas bank accounts

The UK government is expected, according to reports, to reverse a technical element of its non-dom tax changes relating to money held in overseas bank accounts. Specifically, the Treasury is looking

Read More
13 February 2024

EUROPE: The European Commission answers questions about the 2040 climate target

The European Union is embarking on an ambitious journey to become the first climate-neutral continent by 2050, with a significant milestone set for 2040. The EU Climate Law mandates a reduction of net

Read More