Share this article
Crypto Funds See Minor Outflows Amid Trading Volume Dip: CoinShares
Digital-asset investment products saw outflows totaling $9 million as trading volume fell to the second lowest this year.
By Jimmy He
Updated Apr 10, 2024, 2:29 a.m. Published Aug 22, 2022, 4:31 p.m.
Make us preferred on Google
Crypto funds saw minor outflows totaling $9 million in the seven days up to Aug. 19, as trading volume dropped to $1 billion, the second lowest this year, according to a CoinShares report.
Bitcoin (BTC) investment products saw a third straight week of outflows totaling $15 million. The largest cryptocurrency by market capitalization plunged 10% on Aug. 19 after the U.S. Federal Reserve’s meeting minutes hinted at further interest rate hikes.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Ether funds saw inflows totaling $2.9 million. Investor optimism strengthened as the network’s switch from proof-of-work to proof-of-stake, dubbed the Merge, draws closer.
Other altcoin funds saw mixed movement with outflows totaling $1.4 million for SOL and inflows totaled $500,000 for ADA and $300,000 for XRP.
Regionally, outflows were concentrated in the U.S., totaling $10 million. Minor outflows totaled $2.4 million for Germany and $2.1 million for Sweden. Inflows totaled $2.5 million for Brazil and $1.9 million for Switzerland.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Strategy surges 6% on MSCI decision not to exclude DATs from indexes
Shares of the Michael Saylor-led firm had been under pressure not just from weak bitcoin prices, but also the chance that the indexing giant might exclude DATs from its indexes.
What to know:
- Strategy (MSTR) shares rose 6% in after-hours trading after MSCI's decision on digital asset treasury companies.
- MSCI stated that distinguishing between investment companies and those holding digital assets requires further research.
- The current index treatment for companies with digital assets making up 50% or more of their total assets will remain unchanged.
Top Stories
