With no clear signal yet on whether the Fed will pivot or hold rates steady, some capital remains sidelined, waiting for stronger macroeconomic cues.
In contrast, Bitcoin saw net outflows for the second week in a row, losing $56.5 million. The outflows were mirrored in short-Bitcoin products, which also recorded a second consecutive week of redemptions.
The United States led all regions in terms of net inflows, contributing $175 million to the total. Other notable contributors included Germany ($47.8 million), Switzerland ($15.7 million), Canada ($9.8 million), and Australia ($6.5 million).
On the flip side, Brazil and Hong Kong registered outflows of $9.2 million and $14.6 million, respectively. The Hong Kong data is particularly notable, marking an end to the recent streak of record inflows driven by its newly launched spot crypto ETFs.
Activity in the altcoin segment remained relatively muted. Sui logged a modest $1.1 million in inflows, while XRP continued its downward trend with $6.6 million in outflows, its third consecutive week in the red.
Featured image created with DALL-E, Chart from TradingView