Highlights
Last week’s digital asset investment products saw Bitcoin investments taking a major hit amid macro uncertainty, inflation, and monetary policy, as well as uncertainty around trade tariffs from US President Donald Trump. As a result of this, the BTC short positions have also piled up significantly during the last week.
Last week, crypto investment products saw outflows totaling to $508 million, thereby taking the last two weeks of outflows to $924 million. Crypto research firm CoinShares noted that BTC has suffered the most with crypto market outflows and the macro uncertainty.
The report also notes that following the US Presidential inauguration and uncertainty around Trump trade tariffs, investors have started exercising caution. “This is also evident in trading turnover, which has fallen considerably from US$22bn 2 weeks ago to US$13bn last week,” it noted.
As per regional distribution, the United States dominated the outflows with $560 million. On the other hand, markets such as Europe witnessed healthy inflows, with Germany and Switzerland being the two biggest markets totaling $30.5 million and $15.8 million in inflows respectively.
Bitcoin experienced significant outflows totaling $571 million, as some investors shifted their strategies by increasing short positions, leading to $2.8 million in inflows for short-Bitcoin products.
As per the Coinglass data, the trading activity in Bitcoin options market is also increasing considerably. As of now, the BTC options trading volume is up 111% to more than $1.8 billion.
Apart from Bitcoin, the altcoins market continued to see inflows. Last week, XRP was leading the pack with $38.5 million in net inflows. Ever since Donald Trump seized citory in US elections in mid-November 2024, XRP has witnessed inflows of a total of $819 million with the hope that the SEC will drop the Ripple lawsuit this year in 2025.
Ripple is scheduled to file its appellate brief on April 16, 2025. Lawyer MetaLawman has suggested that the XRP lawsuit could potentially be resolved before this submission.
Solana led the inflows among altcoins with $8.9 million, followed by Ethereum with $3.7 million and Sui with $1.47 million, reflecting continued investor interest in these blockchain ecosystems.
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