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First in crypto funds after 15 weeks: There are strong entries in altcoins.
Coinshares company announced its weekly crypto fund report. The new figures show that there have been outflows from crypto funds for the first time in 15 weeks. While Bitcoin funds saw outflows of 404 million dollars, altcoins, especially Ether funds, performed well as they did in previous weeks.
"The Fed decision affected"
In the report signed by James Butterfill, it was stated that the funds started the week well but experienced declines with the Fed's decision:
"At the beginning of the week, there were inflows of 883 million dollars, but the Fed's hawkish stance and its decision not to cut interest rates, along with the economic data coming in stronger than expected, were the biggest factors leading to the declines."
Altcoins continue to perform well…
Ethereum funds continued to receive positive investments in the 15th week, finishing the week with inflows of 133 million dollars. XRP funds received 31.3, Solana funds received 8.8, and Cardano funds saw net investments of 1.3 million dollars.
Short-Bitcoin funds also received an investment of 1.9 million dollars.
BlackRock finished in the green again
BlackRock's iShares ETFs, the largest crypto ETF issuer, finished the week with $749 million, while $243 million came out from Grayscale, $354 million from Fidelity, and $442 million from ARK Invest.
Published: August 4, 2025 12:04Last Updated: August 4, 2025 12:09