Crypto exchange withdrawals rise as digital asset funds face outflows
Image: CryptoSlateEthereum 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
- Both tokens experienced price declines amid broader market volatility and negative fund flows.
- 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
U.Today
Tier 2
Dogecoin ETF Sees Biggest Weekly Withdrawal in October
Coverage timeline
- First reported by CryptoSlate
- Also reported by U.Today
- CryptoVideos brief published
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