Crypto Market Sees Record Outflows as U.S. Investors Pull Back

A staggering $2 billion in cryptocurrency investment products were withdrawn last week, marking the highest weekly outflow this year. The exodus was primarily driven by investor concerns in the US, particularly related to contrasting monetary policies and significant sell-offs from institutional investors known as ‘whales’. In stark contrast, Germany witnessed a surge of investments, with German investors buying into attractive market opportunities during this bearish period. This report explores the reasons behind these withdrawals and reveals potential opportunities within the crypto markets.