Crypto funds blow $ 4.75B when the market drop deletes after the election

Crypto Investment Products has seen weekly outflows for four consecutive weeks now, with $ 876 million drawn last week, bringing it four weeks a total of $ 4.75 billion.

The sustained retreats and a continuous market development of cryptocurrency have deleted gains since November 2024, after Donald Trump won the US presidential election and pushed the total assets under the management (AUM) down by $ 39 billion to $ 142 billion.

Investor mood in the United States is especially Bearish, with $ 922 million in outflows, while investors in Europe and Canada brought in modest influxes, data from CoinShares Digital Asset Fund Rows report shows.

Investment products that focused on Bitcoin saw $ 756 million in outflows, while products short -circuited cryptocurrency saw $ 19.8 million in withdrawal, the largest since December 2024, according to the report.

Ethereum-focused products endured $ 89 million outflow, while products that focused on Solana (SOL), XRP and SUI (SUI), then influx of $ 16.4 million, $ 5.6 million and $ 2.7 million respectively.

Despite the collapse of assets under the management of cryptocurrency -investing products, cryptocurrency remains over the levels seen before Trump was chosen. Bitcoin has risen more than 21% since November 5, while the wider Coindesk 20 index has risen about 30% over the same period.

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