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Crypto exchange withdrawals rise as digital asset funds face outflows

Crypto exchange withdrawals rise as digital asset funds face outflows Image: CryptoSlate
Image via CryptoSlate.

Ethereum recorded a large daily exchange withdrawal of about 169,770 ETH, worth $407 million. At the same time, regulated crypto funds continue to experience redemptions and negative net flows amid broader market volatility. Dogecoin exchange traded funds recorded about $538,000 in net outflows during the week.

Key points

  1. Both tokens experienced price declines amid broader market volatility and negative fund flows.
  2. At the same time, regulated crypto funds continue to experience redemptions and negative net flows amid broader market volatility.

Why it matters

Changes in exchange reserves and fund flows reflect ongoing shifts in market demand and institutional participation across different digital assets.

Price context · ETH

At publication
$2,341.24
Now
$2,343.35
Change since
+0.09%
7 days · dashed line = publication

Sources · 2 publishers

CryptoSlate Tier 2 First report
Ethereum sees biggest exchange withdrawal in four months as October ETF losses top $1 billion
U.Today Tier 2
Dogecoin ETF Sees Biggest Weekly Withdrawal in October

Coverage timeline

  1. First reported by CryptoSlate
  2. Also reported by U.Today
  3. CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error

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