There are major outflows in cryptocurrency-based investment products and investors are reacting to market uncertainties. Bitcoin and Ethereum have experienced significant value losses during this process. Economic and geopolitical concerns in the US stand out as the main reasons for these fluctuations. Institutional investors' investment behaviors over the past week have revealed that there have been large-scale fluctuations in the markets.
Digital asset investment products saw a total outflow of $528 million last week, the highest in four weeks. Recession fears and geopolitical risks are among the main reasons for these outflows. Bitcoin saw an outflow of $400 million after five weeks of inflows, while Ethereum saw an outflow of $146 million. This brought net outflows since the ETF launch in the US to $430 million. These outflows are considered a reflection of general market volatility.
The outflows were largely centered in the U.S., totaling $531 million. Germany and Hong Kong saw outflows of $12 million and $27 million, respectively. Canada and Switzerland saw inflows of $17 million and $28 million, respectively, taking advantage of the weakness in prices. These regional differences provide insight into investors’ risk perceptions and strategies.
Last week, ETP trading volume reached $14.8 billion, representing just 25% of the total market. The price correction since Friday’s close has resulted in a loss of $10 billion in total ETP assets under management. This reflects the volatility of ETP markets and the cautious approach of investors.
In terms of short positions, Bitcoin saw its first measurable inflow since June, at $1.8 million. In addition, there was an outflow of $18 million in blockchain stocks, in parallel with outflows from technology-related ETFs. These outflows are seen as an indicator of the uncertainties in the technology and crypto asset markets.
FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.
My friends, you know that we, the publishers, are doing everything we can for you here. We are conveying to you the services and conveniences that our authorities have provided us. I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE ESPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.
Now I will explain how you will receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who can benefit?
Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.
I EXPLAIN IN DETAILED.
My brothers and sisters who have become Binance members without a reference, please listen carefully;
When you do what I say in order, you will receive 10 USDT.
Go to the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.
The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.
It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.
WHEN WILL THE REWARD COME?
Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.
You can share this post with your friends in need so that they can also benefit from it.
IN THE MEANWHILE, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. EVEN IF YOU HAVEN'T FOLLOWED US YET, DON'T FORGET TO FOLLOW US. WITH MY REGARDS.