Headline: Инвесторы активно реагируют на снижение Ethereum, скупая альткоины на фоне оттока $513 млн Translated: Investors Actively Respond to Ethereums Decline by Scooping Up Altcoins Amid $513 Million Outflow

From October 10 to 17, there was a withdrawal of $513 million from cryptocurrency investment products. This occurred following liquidity issues at Binance on October 10, according to a report by CoinShares.

The majority of the outflow was concentrated in the United States, where investors withdrew $621 million. Conversely, market participants in Germany, Switzerland, and Canada viewed the price decline as a buying opportunity. These countries saw inflows of $54.2 million, $48 million, and $42.4 million, respectively.

Bitcoin was the only major asset that recorded a net outflow, with $946 million withdrawn from its related products during the week. Year-to-date, inflows into Bitcoin products totaled $29.3 billion, which is less than the $41.7 billion recorded in 2024.

Amid falling prices, investors increased their allocations to altcoins. Inflows into Ethereum-based products reached $205 million.

The anticipation of the launch of exchange-traded products (ETPs) based on Solana and XRP boosted demand for these assets. Investors contributed $156 million and $73.9 million to those products, respectively. The total trading volume of ETPs remained high, hitting $51 billion for the week.

It’s worth noting that from October 4 to 10, investors injected $3.17 billion into crypto products amidst market corrections.