CoinShares Reports $795 Million in Weekly Crypto Fund Outflows Due to Trump Tariffs
Global crypto investment products faced substantial outflows for the second consecutive week, with approximately $795 million exiting funds last week, according to data from CoinShares.
Global crypto investment products faced substantial outflows for the second consecutive week, with approximately $795 million exiting funds last week, according to data from CoinShares. This decline is attributed to ongoing tariff activities by President Donald Trump, which have dampened investor sentiment toward the crypto market.
The total outflows since early February have reached $7.2 billion, effectively negating year-to-date inflows, which now total just $165 million, as noted by CoinShares Head of Research James Butterfill.
The U.S. market led these…
