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Crypto landscape vaccination. Products negotiated on the stock market (FTE), these adored investment funds are subject to unprecedented bleeding. Since mid -February, according to Coinshares, $ 1.7 billion has evaporated from the crypto funds. Series 17 consecutive days of trips. These brutal figures hide complex dynamics: increased distrust, chain reactions and surprising paradoxes.
ETP Crypto: Bleeding that challenges records
ETP Crypto crosses a storm for a long time. According to a report from March 17, these products left these products $ 6.4 billion in five weeks.
After a slight peace (-876 million in the previous week), the liquidation was restored more beautiful (-978 million between 10 and 14 March). A movement reminiscent of a historical accident, but with a peculiarity: this leak is the longest recorded coinshares.
2024, however, started well. Since January, the entries have been positive to +912 million dollars.
However, this character masks reality: institutional investors, often considered stable columns, seem dizziness. James Butterfill, Coinshares’s strategist, evokes a “negative feeling powered by macroeconomic and regulatory concerns”.
QUESTION TO BURN THE LIP: How far will it go out? Do ETP become designed to democratize access to digital assets, crisis amplifier? The answers are set in sectoral details.
Bitcoin on the first line, XRP in resistance: a large gap of cryptos
King Bitcoin pays cash. SEST ETP has lost $ 5.4 billion in five weeks, which reduced annual records to 612 million. A dizzying, symbolic decline in the market where liquidity dries. BTC, often perceived as a refuge, tries to make sure. High key rates, geopolitical uncertainty and rumors about strict regulations weigh as cups.
Ether (ETH) and Solana (land) follow a trend with 175 million and -2.2 million trips. Proof that even the main altcoins are not spared. But the exception of the questions: XRP. Its ETP attracted +1.8 million dollars, a drop of water towards global bleeding, but a strong signal. XRP, supported by favorable legal development (such as a partial victory against Suchý in 2023), embodies unexpected resistance.
This divergence induces a paradox: on the free autumn market some niches still capture trust. Do investors are looking for alternatives less correlated with BTC? Or do they simply play an undervalued asset card?
Crisis Crypto ETP is not a collapse, but a warning. Massive trips reveal structural distrust, reinforced with external factors. However, analysts remain optimistic.
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Evariste, fascinated by Bitcoin since 2017, has not stopped documenting on this topic. If his first interest has fallen in trading, he is now actively trying to detain all the advances on cryptocurrencies. As an editor, he tries to permanently provide high quality work that reflects the condition of the sector as a whole.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.