Cryptocurrency funding merchandise have been unable to maintain their two-week influx streak, with fund flows turning destructive final week following crypto’s “Black Friday” market crash.
Crypto exchange-traded merchandise (ETPs) noticed $513 million in outflows final week, ending the two-week streak totaling $9.1 billion, CoinShares reported on Monday.
Addressing the full $668 million of outflows following the “Binance liquidity cascade” on Oct. 10, CoinShares head of analysis James Butterfill stated the ETP market noticed much less panic than the spot market.
He stated that whereas crypto ETP buyers largely “shrugged off this occasion,” onchain buyers have been extra bearish.
Bitcoin was the one main asset to see outflows
Bitcoin (BTC) was the first supply of losses in crypto ETPs final week, with outflows totaling $946 million. The outflows pulled down year-to-date inflows to $29.3 billion, considerably lagging behind final yr’s whole of $41.2 billion, Butterfill added.
Alternatively, Ether (ETH) continued to realize momentum as buyers have been shopping for the dip, with funds posting $205 million of inflows. The biggest inflows have been seen right into a 2x leveraged Ether ETP totaling $457 million, Butterfill famous.
Crypto ETP flows by asset as of Friday (in thousands and thousands of US {dollars}). Supply: CoinShares
Solana (SOL) and XRP (XRP) funds continued to see inflows amid the optimism on new ETP launches, with inflows totaling $156 million and $74 million, respectively. Solana ETPs particularly stood out, with inflows surging 67% in comparison with the earlier week.
Crypto Worry & Greed Index drops to multi-month lows
The contemporary outflows from crypto ETPs got here amid the Crypto Worry & Greed Index — an indicator measuring the general sentiment of the cryptocurrency market — falling to ranges not seen since April.
Based on information from Different.me, the index dropped to a rating of twenty-two final Friday amid Bitcoin tumbling beneath $105,000, reflecting sturdy “Worry” by spot BTC buyers.
The Crypto Worry & Greed Index. Supply: Different.me
The “Worry” sentiment continued to prevail as of Monday with a rating of 29. The bottom index degree recorded in 2025 to date was at a rating of 10 noticed in late February, when Bitcoin noticed a pointy slide from $96,000 to round $84,000, in keeping with CoinGecko information.
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By publishing time, Bitcoin traded at $111,019, seeing losses of roughly 3% previously seven days, and down round 4% previously month.
Ether traded at $4,035, declining round 3% previously week and 9% over the previous 30 days.
Journal: Ether’s worth to go ‘nuclear,’ Ripple seeks $1B XRP purchase: Hodler’s Digest, Oct. 12 – 18
