Crypto funds turned green as world markets increased the 50 basis point cut from the Fed. The total outflow in recent weeks had reached $1.2 billion, but last week was closed with a net inflow of $436 million.

There is a sale in ‘Short Bitcoin’

Bitcoin funds were again the most invested products, while the figure was $436 million (same as the total figure). ‘Short-Bitcoin’ funds, which have received continuous investment in the last 3 weeks and invested in Bitcoin’s decline, saw sales of $8.5 million last week.

Ether outflows continue

While Ethereum funds continued to melt, there was a $19 million sale here. The outflow in Ether funds since the beginning of the month has reached $117 million.

Solana 3.8 million, Litecoin 300 thousand and Cardano funds received investments of $600 thousand.

The most invested crypto ETF of the week was Fidelity’s Wise Origin Bitcoin fund with $217 million. In second place was ARK Invest’s Bitcoin ETF with $83 million.

On the other hand, BlackRock’s iShares ETF closed the week $9 million in negative.