Криптофондов лишились $812 млн за неделю из-за неожиданных макроданных США Crypto funds lost $812 million in a week due to unexpected macro data from the U.S.

From September 19 to 27, $812 million was withdrawn from investment products based on digital assets, according to a report by CoinShares.

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

Revisions of statistics for the years 2019-2024 confirmed an average annual growth of real gross domestic product at 2.4%. As noted by Bloomberg, the U.S. economy exhibited its fastest growth in the past two years.

Bill Adams, a chief economist at Comerica Bank, emphasized in a comment that the news significantly reduced the likelihood of further easing of the monetary policy by the Federal Reserve.

Nonetheless, 89.3% of market participants still anticipate a 0.25% decrease in the key interest rate by the end of October.

The total inflow of funds in September remains high at $4 billion. The amount raised by exchange-traded funds (ETFs) since the beginning of the year has exceeded $39.6 billion, maintaining the potential to reach last year’s record of $48.6 billion.

The bulk of the outflow was attributed to Bitcoin products, with $719 million withdrawn in a week.

«It is important to note that this was not accompanied by a proportional increase in demand for investment products with a short position on the first cryptocurrency, suggesting that the negative sentiment is likely temporary,» CoinShares commented.

From Ethereum-focused exchange-traded funds, $409 million was withdrawn, with inflows since the beginning of the year halting at $12 billion. In September, instruments based on the second largest cryptocurrency saw an influx of $86.2 million.

The best results were seen in products based on Solana, which attracted $291 million. XRP funds received $93 million.

Regionally, the United States experienced the largest outflow, amounting to $1 billion. Other regions showed resilience, with Switzerland ($126.8 million), Canada ($58.6 million), and Germany ($35.5 million) leading in inflows.

As a reminder, from September 12 to 20, investment products based on digital assets demonstrated an inflow of $1.9 billion.