A key contrarian indicator flashed last week as outflows from digital asset funds slowed sharply to $187 million. This deceleration, historically a precursor to sentiment shifts, combined with record-high ETP volume ($63.1bn), suggests sophisticated investors may be positioning for a rebound at a perceived market low.
Although prices fell—reducing total AuM to $129.8bn—the surge in trading activity and regional inflows into funds in Germany, Switzerland, Canada, and Brazil reveal underlying demand. Bitcoin bore the brunt of negative sentiment ($264m outflows), while capital rotated into assets like XRP, which leads year-to-date inflows.
