Криптофонды испытывают рекордные оттоки на фоне сильного роста экономики США Translation: Headline: Crypto funds face record outflows amid strong US economic growth

From September 19 to 27, $812 million was withdrawn from investment products linked to digital assets, as reported by CoinShares.

Analysts attributed this negative trend to the release of new macroeconomic data from the United States. On September 25, it was revealed that the GDP for the second quarter rose from -0.5% to 3.8%, exceeding the forecast of 3.3%.

The revision of statistics for the years 2019-2024 confirmed an average annual growth rate of real GDP at 2.4%. Bloomberg noted that the U.S. economy experienced its fastest growth in the last two years.

Bill Adams, a chief economist at Comerica Bank, highlighted in a comment to the publication that these developments significantly reduced the likelihood of further easing of the monetary policy by the Federal Reserve.

Despite this, 89.3% of market participants still anticipate a decrease in the key rate by 0.25% at the end of October.

The total influx of funds in September remains strong at $4 billion. The amount raised by exchange-traded funds since the beginning of the year has exceeded $39.6 billion, which «maintains the potential to reach last year’s record of $48.6 billion.»

The majority of the outflows were from bitcoin products, with a loss of $719 million in just one week.

«It is important to note that this did not coincide with a proportional rise in demand for investment products with short positions on the leading cryptocurrency, suggesting that negative sentiment is likely temporary,» CoinShares commented.

Ethereum-focused exchange-traded funds saw withdrawals of $409 million. The influx since the start of the year has stalled at $12 billion. In September, instruments based on the second-largest cryptocurrency received $86.2 million.

The best performance was achieved by products based on Solana, which attracted $291 million. XRP funds received $93 million.

Regionally, the largest outflow occurred in the U.S., totaling -$1 billion. Other regions showed resilience, with Switzerland ($126.8 million), Canada ($58.6 million), and Germany ($35.5 million) leading in inflows.

To recap, from September 12 to 20, digital asset investment products demonstrated an inflow of $1.9 billion.