Инвесторы выводят $352 млн из криптофондов на фоне нестабильности экономики США Translation: Investors withdraw $352 million from crypto funds amid U.S. economic instability

From August 29 to September 6, $352 million flowed out of investment products based on digital assets, despite weak U.S. employment data and improving prospects for a rate cut by the Federal Reserve. This information is noted in a report by CoinShares.

Trading volume declined by 27% over the week. Coupled with the outflow of funds, this reflects a «cooling appetite for cryptocurrencies.»

The total inflow since the beginning of the year stands at $35.2 billion, which is 4% higher than the total for the entire year of 2024. According to analysts, investor sentiment remains stable overall.

The largest outflow was recorded in Ethereum-based structures amounting to $912 million. Some attributed this to profit-taking.

«The negative trend in exchange-traded funds based on the second-largest cryptocurrency should not be perceived as a vote of no confidence — it’s a normal portfolio rebalancing. Following strong inflows in August, many institutional players likely took profits,» stated Farzam Ehsani, co-founder and CEO of VALR, in a comment to Decrypt.

Konstantin Anisimov, CEO of Currency.com, linked the current trend to macroeconomic uncertainty amid weak U.S. employment data and recession fears. This has caused large players to shift capital into Bitcoin ETFs, as they view digital gold as a safer asset in turbulent times, he noted.

Investment products based on the first cryptocurrency attracted $524 million, although they had previously trailed Ethereum in inflow volumes for several weeks.

XRP and Solana-focused structures have shown positive inflows for 21 consecutive weeks, with investments totaling $1.22 billion and $1.16 billion, respectively, during this time.

Regionally, Germany led with an inflow of $85.1 million, while the U.S. recorded an outflow of $440 million.

From August 22 to 30, the inflow into digital asset investment products reached $2.48 billion.

On September 8, it was announced that CoinShares plans to go public on the Nasdaq through a merger with Vine Hill Capital Investment Corp. The valuation of the European digital asset manager reached $1.2 billion as part of the agreement.

«Listing in the U.S. will enhance our reputation, broaden our reach, and allow us to leverage opportunities in the world’s largest market, which accounts for more than half of global assets under management,» said Jean-Marie Ménié, CEO and co-founder of CoinShares.

After the deal closes, the company will operate under the name Odysseus Holdings Limited (Holdco). The decision has already received the backing of 85% of the company’s shareholders. The process is expected to be completed by the end of the year.

Recall that in July, Tether, the company behind USDT, announced that it is actively working on entering the U.S. market.