Bitcoin Woes: Institutional Investors Cash Out While Altcoins Party!

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In a dramatic flourish befitting a grand opera, institutional investors donned their finest capes and swooped in to sell a staggering $264 million worth of Bitcoin in just one week, as reported by the ever-watchful Coinshares.

Ah! The digital asset firm proclaims that these outflows signal a stabilization-a delicate ballet after weeks of tumultuous pirouettes and somersaults.

Yet, lo and behold! Bitcoin was the lone star of sorrow, recording negative flows while its flamboyant altcoin companions danced merrily in the spotlight. XRP, our leading dancer, twirled gracefully with an impressive $63.1 million in inflows.

Meanwhile, Solana, with a cheeky grin, added a modest $8.2 million to its repertoire, and Ethereum, ever the reliable understudy, shuffled in with $5.3 million. Alas! The overall assets under management took a bow, falling to a mere $129.8 billion-the lowest since the spring of 2025.

As if scripted by the hand of fate, exchange-traded product trading volumes soared to a dazzling $63.1 billion, eclipsing the previous record of $56.4 billion set last October-oh, what a spectacle!

CoinShares, with the wisdom of a seasoned oracle, hints that this sharp slowdown in outflows may herald an inflection point in sentiment. Amid the heavy price pressure, could it be that the market has reached the infamous ‘potential low’? Only time will tell, dear reader.

The inflows, like a well-orchestrated symphony, concentrated in several regions: Germany led the charge with a rousing $87.1 million, followed by Switzerland’s charming $30.1 million, Canada’s jolly $21.4 million, and Brazil, with a sprightly $16.7 million.

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2026-02-09 19:51