Crypto investment outflows hit a 3-week streak with $435m withdrawn.

The recent data shows a significant decrease in crypto activity, with transactions dropping from over $18 billion two weeks ago to $11.8 billion last week. This decline in activity is notable, especially as Ethereum outflows appear to be correlated with Bitcoin sentiment.

Amidst this trend, there has been a shift towards investments in crypto altcoin products by asset managers and investors. This indicates a strategic reallocation of funds within the crypto market.