Crypto asset funds experienced another week of outflows totaling $1.17 billion, marking the second consecutive week of significant capital withdrawals. Investor confidence remains fragile following the October liquidity shock, and macro uncertainty over the Fed’s December policy decision continues to weigh on market positioning. CoinShares reports that ETP trading volume remained strong at around $43 billion despite the outflows. However, optimism was short-lived; flows reversed quickly as concerns resurfaced and markets factored in continued policy and fiscal uncertainty. This trend is evident in the performance of altcoins, which have largely defied the market’s pessimism.