Global crypto exchange-traded products (ETPs) experienced significant outflows, totaling $1.7 billion in a single week. According to CoinShares, this marks the largest weekly withdrawal since November. The redemptions, primarily led by activity in the U.S., approached $2 billion. This development reflects a bearish macro sentiment impacting the digital asset market, as investors reduce their exposure to crypto investment products.

Global crypto exchange-traded products (ETPs) experienced significant outflows, totaling $1.7 billion in a single week. According to CoinShares, this marks the largest weekly withdrawal since November. The redemptions, primarily led by activity in the U.S., approached $2 billion. This development reflects a bearish macro sentiment impacting the digital asset market, as investors reduce their exposure to crypto investment products.