{"id":29779,"date":"2022-06-13T11:11:49","date_gmt":"2022-06-13T15:11:49","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=29779"},"modified":"2022-06-13T11:11:59","modified_gmt":"2022-06-13T15:11:59","slug":"crypto-crash-institutional-investors-sell-holdings-as-fear-looms","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/crypto-crash-institutional-investors-sell-holdings-as-fear-looms\/","title":{"rendered":"Crypto Crash: Institutional Investors Sell Holdings As Fear Looms"},"content":{"rendered":"\n

After the crypto market crashed to its lowest, Institutional investors were forced to sell their crypto holdings as a result of the crisis. <\/p>\n\n\n\n

\"Crypto<\/figure>\n\n\n\n

The crypto market cap has plunged to $961.83 billion, a loss of about $1.5 trillion since November. <\/p>\n\n\n\n

The outflow of digital asset investment products was $102 million last week, according to CoinShares' latest report\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>. Last week, amid the Fed's monetary tightening and market-wide selloffs, Bitcoin outflows of $57 million and Ethereum outflows of $41 million were recorded.<\/p>\n\n\n\n

Crypto holdings worth millions are being sold<\/h3>\n\n\n\n

Due to monetary tightening, digital asset investment product flows have been weak, with outflows continuing last week due to rising inflation and the stETH depeg from ETH. Surprisingly, the outflows were majorly recorded in America, which accounted for $98 million in total. Meanwhile, outflows in Europe were only $2 million.<\/p>\n\n\n\n

In the recent week, 3iQ, Purpose Investments, CoinShares XBT, and ETC Group saw outflows of 72.1, 43.4, 11.3, and 6.2 million, respectively. Meanwhile, inflows of 24.2, 19.1, and 4.5 million were seen in ProShares, CoinShares Physical, and 21Shares, respectively. In addition, Grayscale, the institutional leader, has only recorded 0.3 million in the last week.<\/p>\n\n\n\n

The institutional investors' interest in Bitcoin and Ethereum fell significantly last week. Last week, Bitcoin outflows totaled $57 million, with month-to-date outflows of $91 million. Short-bitcoin investment products have lower total assets under management, at $55 million, compared to $27 billion for long-bitcoin investment products.<\/p>\n\n\n\n

The delay of the Ethereum Merge<\/a> and the stETH depth triggered massive selling last week. Institutional outflows totaling $41 million were seen last week, increasing the year-to-date outflows to $387 million. Moreover, from a high of $23 billion in November, total assets under management (AUM) have dropped to $8.7 billion.<\/p>\n\n\n\n

Furthermore, multi-asset investment products had $4.7 million in withdrawals last week. Investors have also refrained from purchasing altcoins like Solana, Cardano, XRP, and others, as prices continue to fall due to market pressure.<\/p>\n\n\n\n

Largest Cryptocurrencies face liquidation risks<\/h3>\n\n\n\n

 Bitcoin (BTC) and Ethereum (ETH) prices have reached a year-low today. BTC is currently trading at $23,706, down 14% in one day. ETH, on the other hand, has lost 17% and is now trading at $1217. With the crypto market at an all-time low, the largest cryptocurrencies are at risk of being liquidated.<\/p>\n\n\n\n

Institutional investors are continuing to sell their crypto holdings to purchase at a lower price.<\/p>\n","protected":false},"excerpt":{"rendered":"

After the crypto market crashed to its lowest, Institutional investors were forced to sell their crypto holdings as a result of the crisis. The crypto market cap has plunged to $961.83 billion, a loss of about $1.5 trillion since November. The outflow of digital asset investment products was $102 million last week, according to CoinShares’ […]<\/p>\n","protected":false},"author":32,"featured_media":29781,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[132],"class_list":["post-29779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies","tag-crypto"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/institutional-investors.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/29779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=29779"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/29779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/29781"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=29779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=29779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=29779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}