U.S. Drives Crypto Outflows as Germany Buoys Investment

Crypto investment products saw record-breaking withdrawals last week, totaling $2 billion and marking the largest weekly outflow of the year so far. American investors were behind this sell-off, accounting for a staggering 97% of the global withdrawals, with nearly $1.97 billion withdrawn. While Bitcoin and Ethereum witnessed major outflows, Germany surprisingly saw investment inflows, demonstrating divergent market dynamics.