Crypto Investment Exodus Stretches Into Third Week as Investors Flee — Is the Bull Run Over?

Key Takeaways

• Crypto concern products saw $2 cardinal successful outflows, the worst play full successful 3 weeks.

• Bitcoin and Ethereum ETPs took the biggest hit, accounting for much than $2 cardinal successful combined exits.

• The U.S. drove 97% of the outflows, underscoring weakening organization sentiment.

For the 3rd consecutive week, çrypto concern products person been deed with dense redemptions, this clip totaling astir $2 billion, 1 of the largest play outflows connected record.

It marks different bruising section successful the post-October sell-off, arsenic investors retreat from hazard amid rate-cut uncertainty, thinning liquidity, and renewed crypto-whale selling.

The exodus was led by flagship products:

• Bitcoin ETPs saw $1.38 billion permission the market.

• Ethereum products recorded $689 million successful outflows.

Investors besides rotated into multi-asset funds and expanded short-Bitcoin exposure, signaling a displacement toward hedging alternatively than accumulation.

The past 3 weeks of withdrawals present full $3.2 billion, wiping retired astir each inflows from aboriginal Q3. Assets nether absorption person plunged from $264 cardinal successful aboriginal October to $191 billion, a steep 27% drawdown.

The United States drove the wide exit, accounting for 97% of each outflows—about $1.97 billion.

Switzerland and Hong Kong followed distantly with $39.9 cardinal and $12.3 million, respectively.

Despite the U.S. authorities reopening and a flurry of crypto-friendly regulatory movements, including ETF advancement and staking clarity, sentiment has not recovered.

Large institutions, crypto whales, and retail traders person continued to unwind Bitcoin (BTC) and Ethereum (ETH) positions.

The sustained selling unit has dragged astir 2025 portfolios into the red, erasing the optimism that fueled the mid-year rally.

Part of the displacement reflects wherever we are successful the cycle.

Historically, the crypto bull marketplace cools 12–18 months aft a halving, and galore investors present spot late-2025 arsenic the opening of that late-cycle exhaustion.

Whether this downturn deepens oregon stabilizes volition beryllium heavy connected outer macro forces:

• The Federal Reserve’s rate-cut timing

• Institutional inflows oregon deficiency thereof

• Investor assurance heading into year-end

Unless catalysts emerge, analysts pass that some ETPs and spot crypto markets whitethorn proceed to look sustained unit arsenic the marketplace drifts toward its adjacent carnivore phase.

The station Crypto Investment Exodus Stretches Into Third Week arsenic Investors Flee — Is the Bull Run Over? appeared archetypal connected ccn.com.